The cheap,open AI model has sent shockwaves through Silicon Valley. Has Australia already been left behind or does DeepSeek’s rapid rise,despite limited resources,mean something similar could emerge locally?
By entering Melbourne Park,visitors have already agreed to some of the electronic surveillance measures.
Chief executive Jensen Huang has laid out how the AI giant is bringing the technology that powers its lucrative data centre chips to programmer PCs.
AI “second movers” and deniers are set to lose,according to celebrity tech executive Bill McDermott.
Australian start-up funding continues to tank,but not for this company,which wants to emulate the success of local tech billionaires Mike Cannon-Brookes and Scott Farquhar.
The billionaire executive says it was his own idea to step down from the company he founded 30 years ago,amid probes into his behaviour.
The Australian software giant looks on track to shrug off its governance issues as analysts tip WiseTech Global to deliver for investors.
Shares in WiseTech slumped 12 per cent after the company cut its financial guidance as a result of the events of the past two months.
Just weeks after its CEO stepped down,the software firm is now facing Supreme Court action alleging misleading conduct and a breach of disclosure obligations to investors.
Some of the most powerful and influential companies remain in the hands of the executives who founded them and who are almost impossible to remove.