OpenAI hits $US500 billion valuation after share sale
OpenAI, the company behind ChatGPT, has reached a valuation of $US500 billion ($A756 billion), following a deal in which current and former employees sold roughly $US6.6 billion worth of shares,…
‘Folly’ of nuclear submarines plan floated
The former head of Australia’s submarine squadron has urged Australia against outsourcing boat construction overseas, as bureaucrats express confidence the US won’t scuttle AUKUS. A parliamentary inquiry on Thursday ran…
Musk becomes first person to be worth $US500 billion
Elon Musk has become the first person estimated to reach a net worth of $US500 billion ($A756 billion), according to US magazine Forbes, largely held in shares of electric carmaker…
‘Reckless’ rapper chased by cops after public execution
Police are horrified a rapper wanted for his alleged involvement in a murder posted a music video appearing to depict a similar incident just months after it occurred. A warrant…
The things keeping Brisbane’s Olympics boss up at night
Anxieties surrounding Brisbane’s ability to deliver key projects before its seven-year Olympics countdown ends have been playing on the mind of the man in charge of preparing for the city-defining…
Major change to IVF treatments for donors and families
Women whose IVF care was paused due to providers exceeding donor limits will be given exemptions to complete treatment. NSW Health announced it would wave through certain treatments weeks after…
Man cleared of accused killer link as search ramps up
A man has been cleared of links to the hunt for fugitive Dezi Freeman as authorities ramp up the search of a popular national park for the accused police killer.…
Libs nuclear bond solidifies as leader stamps authority
The coalition has offered its strongest commitment to retaining a comprehensive nuclear energy policy since its election defeat, as the opposition leader issues policy edicts to her lieutenants. Opposition energy…
PRRT. The tax oil and gas companies continue to avoid. What’s the scam?
The annual dump of data from the Tax Office landed yesterday, and once again, it exposes the pittance paid by the oil and gas industry. What’s the scam? The scam…
Large companies paying no tax in Australia declines
The number of large companies in Australia that pay no tax has fallen to a record low, although some industry heavyweights continue to avoid paying any dues. The Australian Taxation…