AI

Goodman Group has touted its 6 GW power bank at sites across Australia, Europe and North America, amid predictions for skyrocketing demand for digital infrastructure.

Allens is positioning itself as a go-to firm for AI infrastructure deals, advising Singapore-based asset manager Keppel on a new $10 billion AI data centre hub. 

NVIDIA-backed start-up Firmus has secured a record $14 billion debt facility led by Blackstone to speed the rollout of critical AI infrastructure in Australia.

Maas Group Holdings has sold its construction material division to Heidelberg Materials for $1.7 billion, vowing to use the proceeds of the sale to invest in AI and digital infrastructure assets after acquiring a minority stake in AI data centre company Firmus.

A litigant who cited Dogan & Dogan, Duncan & Duncan and other non-existent cases after using AI to craft her arguments created difficulties for the court, a judge has said in a decision on an appeal of costs.

Singapore-based asset manager Keppel has announced plans for a $10 billion AI data centre hub near Morwell, Victoria, after striking a deal with Lightwood Group to lease a 123-hectare site.

The use of generative AI in litigation is on the rise in Australia, according to a new report, and one expert says he hopes that increasing awareness of the risks of using generative AI means lawyers will be smart about its use in the future. 

NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.

Microsoft has offered to refund millions of customers who the consumer cop says unwittingly subscribed to its AI assistant Copilot without being told a cheaper AI-free option was available. 

The former CEO of failed AI marketing start-up Metigy has pleaded guilty to providing false statements to investors and misusing his position as a director, following an investigation by the corporate regulator.