OpenAI, Amazon sign $US38b deal for AI computing power
OpenAI and Amazon have signed a $US38 billion deal that enables the ChatGPT maker to run its artificial intelligence systems on Amazon’s data centres in the US. OpenAI will be…
Coalition’s climate change policy fight ‘unavoidable’
A political divorce between the Liberal and National parties might be needed to save the coalition from “damaging” infighting over divisive climate policy, an analyst says. Moderate Liberal MPs are…
China extends visa-free policy to end of 2026
China will extend its visa-free entry policy for 45 countries including Australia and New Zealand to December 31, 2026 and expand the scheme to cover Sweden, effective November 10, the…
US company Kimberly-Clark buys Tylenol maker Kenvue
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal, creating a massive consumer health goods company. In the deal worth about $US48.7 billion ($A74.5 billion), Kimberly-Clark shareholders…
Cup Day forecasts to bring intrigue, rate cut off cards
Analysts have largely written off the possibility of more mortgage relief on Melbourne Cup Day, but updated economic forecasts could hold the answer to where the bank will move next.…
Subs base enigma. NSW Government doesn’t know what to hide or why
Getting access to documents concerning a nuclear submarine base in NSW has become an FOI riddle wrapped in a submarine mystery inside a nuclear enigma. Rex Patrick reports. You can’t…
Carbon credits driving car imports. What’s the scam with BYD?
The world’s largest electric vehicle manufacturer, China’s BYD, is holding 13,000 more cars in stock in Australia than it needs for sales. What’s the scam? The scam is that BYD…
Warning for Liberals on net zero as axing calls grow
The coalition is unlikely to be in power for another decade if the Liberals follow the Nationals in jettisoning their commitment to net zero emissions by 2050, an expert warns.…
Illicit cigarettes surge clouds modest spending lift
Australia’s addiction to black-market tobacco has dragged down consumer spending figures, as the nation’s economic recovery stumbles along. After two soft months of growth, household spending rose just 0.2 per…
Reese Witherspoon admits anxiety is key to her success
Oscar-winning actress Reese Witherspoon puts her success down to anxiety, saying she’s been “rewarded” for perfectionism and stresses herself out “in service of my job”. Reflecting on her acting and…