AI

Alternative investment manager Alceon has launched what could become a multi-billion-dollar data centre investment fund, starting with a strategic $100 million investment in Melbourne-based data centre developer and operator INSITE DC.

The Australian Securities and Investments Commission has warned market participants to strengthen their cyber resilience in the face of new threats posed by AI, just months after the regulator secured its first penalty against a company over cyber failures.

A judge has found a director cannot represent his company in a legal dispute, noting his use of generative artificial intelligence in written submissions.

Australian data centre platform AirTrunk has announced it will invest $4.2 billion to build two new data centres in Malaysia.

ASX-listed data centre operator NextDC has raised $750 million from a subordinated wholesale notes offer, bringing its cash pile to $6.6 billion.

Microsoft is planning to invest a record $25 billion in Australia's AI and cyber infrastructure over the next three years.

The Federal Court has taken a more permissive approach to the use of generative AI than the NSW Supreme Court, allowing tools like ChatGPT to be used in creating affidavits with the proviso that the use must be disclosed.

Digital infrastructure company Goodman Group is partnering with US data centre operator DataBank to build a 32MW hub in Los Angeles.

Anthropic has confirmed its interest in investing in data centres in Australia after signing a memorandum of understanding with the Albanese government to facilitate collaboration on AI.

The Fair Work Commission has proposed requiring litigants to disclose their use of generative artificial intelligence tools and to check that all details in documents are correct, or risk their case being dismissed.