Good afternoon, Welcome to your twice-weekly look at how generative AI is transforming the way we live, work and play – plus the latest news and analysis. Only three companies have ever surpassed a $US3 trillion ($4.5 trillion) valuation. AI maker Nvidia achieved the enormous feat on Thursday, after its share price has more than doubled this year alone. The new milestone cements the company’s role and place in a new world that’s powered by AI, where chipmakers hold enormous power and the ability to disrupt every major industry. Speaking of AI’s disruption, one industry in particular is calling for urgent handrails around use of creative content, to prevent the spread of misinformation. The Media, Entertainment & Arts Alliance has, in a submission to a parliamentary inquiry into AI, has warned the work of Australian creators was being mined to train AI platforms without consent or compensation. Lastly, US tech firm PsiQuantum has been revealed as the only quantum computing company the federal and Queensland governments put through a formal due-diligence process before inking a near $1bn taxpayer-funded deal to build a world-first fault-tolerant quantum computer in Brisbane. Let me know what you think — [email protected] |