5 result(s) for “Artificial Intelligence”
National Australia Bank confirmed plans to cut up to 2,500 internal roles, triggering staff backlash and union warnings that the move signals a structural shift in Australia’s banking employment as technology and cost pressures mount.
Firmus Grid, the Nvidia backed data centre developer that aimed to stage Australia’s largest IPO in decades, has withdrawn its application to list on the ASX, citing market volatility and weak demand. The decision exposes investor caution on high valuation AI infrastructure plays and leaves suppliers and regional projects facing funding uncertainty.
Australia’s central bank and financial markets are contending with a fresh inflation impulse from rapid adoption of artificial intelligence, a development economists say makes further Reserve Bank rate rises plausible despite recent tightening and a cooling housing market.
Treasurer Jim Chalmers travels to Tokyo on October 4, 2026 to lead the inaugural Australia Japan Finance Ministerial Dialogue, targeting Japanese capital for Australian AI, renewable energy and critical minerals projects while showcasing the country’s superannuation pools.
Chinese robotics startup Spirit AI expects a major breakthrough in humanoid robot intelligence by mid-2027, when machines could understand natural-language instructions and carry out sequences of physical tasks with far greater autonomy.