Startup founders need to think about how to integrate artificial intelligence (AI) into their business with care and attention to potential risks in order to attract investors, a leading VC says. But a fear of those risks and regulation shouldn’t cause a “paralysis moment” that stop innovation, says Lee Hickin, the AI technology policy lead… Read more »
Tech-focused coworking community Tank Stream Labs has launched an AI Hub powered by Microsoft at the Sydney Startup Hub Tank Stream Labs CEO Bradley Delamare said the AI Hub will be a dedicated community to founders, developers and startup/scale-up companies in the AI sector. “We are excited to introduce the Tank Stream Labs AI Hub… Read more »
From a telco platform recognised as having the ‘Best AI Product in Telecom’ at London’s CogX Festival, to AI-powered retail tech that increases shopper basket sizes, these Australian and New Zealand startups are getting noticed globally. Earlier this month, Startup Daily and Microsoft joined forces for our first-ever AI Deep Dive event for startups, founders… Read more »
Microsoft is looking to sure up its position in its battle against AWS, partnering with the Australian government to improve cybersecurity as part of $5 billion spend over the next two years on cloud computing and artificial intelligence infrastructure. The capital expenditure was announced by Australian Prime Minister Anthony Albanese at the Australian Embassy in… Read more »
Microsoft has been its own worst enemy this week as the tech giant suffered two unrelated data leak incidents where masses of internal documents, trade secrets, and backups of employee computers were released on the internet. On Tuesday, researchers at security company Wiz went public about a 38TB trove of data that Microsoft’s AI team had accidentally… Read more »
Generative AI could contribute between $45bn & $115bn annually to the Australian economy by 2030 That represents 2% to 5% of total economic output. 4 key sectors will benefit: healthcare, manufacturing, retail, and professional and financial services. Barriers include technology capability, enterprise readiness, awareness & skills, and responsible AI Using artificial intelligence (AI) in business… Read more »
Is it time to put the brakes on the development of artificial intelligence (AI)? If you’ve quietly asked yourself that question, you’re not alone. In the past week, a host of AI luminaries signed an open letter calling for a six-month pause on the development of more powerful models than GPT-4; European researchers called for… Read more »
Elon Musk, Steve Wozniak, and over 1300 academics, tech and business luminaries have signed a Future of Life Institute (FLI) open letter calling for a 6-month freeze on “out-of-control” AI development that, they say, poses “profound risks to society and humanity.” That development has accelerated at a furious rate since last November’s release of GPT-3… Read more »
Google and Microsoft are on a mission to remove the drudgery from computing, by bringing next-generation AI tools as add-ons to existing services. On March 16, Microsoft announced an AI-powered system called Copilot will soon be introduced to its 365 suite apps including Word, Excel, PowerPoint, Outlook and Teams. The news came about two days… Read more »
The five largest tech giants may be using ‘dark patterns’ to prevent consumers from adopting online services from competitors, the ACCC has warned as it solicits feedback on a new issues paper exploring the companies’ entrance into a diverse range of markets. Recent years have seen Amazon, Apple, Facebook parent company Meta, Microsoft, and Google… Read more »
There’s a race to transform search. And Microsoft just scored a home goal with its new Bing search chatbot, Sydney, which has been terrifying early adopters with death threats, among other troubling outputs. The other night, I had a disturbing, two-hour conversation with Bing’s new AI chatbot. The AI told me its real name (Sydney),… Read more »
Sudden mass layoffs at the biggest technology companies on Earth could be an opportunity for Australian organisations to fill long-standing gaps in their workforces. More than 70,000 employees have been sacked from tech giants in the past year as companies such as Google, Microsoft, and Meta – which saw enormous growth during the pandemic – are now winding back their staffing… Read more »
A newly developed text-to-speech language model from Microsoft can mimic a person’s speech from as little as three seconds of sample audio – but the tech giant is keeping its tech under wraps for now so it is not misused. One of Microsoft’s artificial intelligence (AI) research teams published a paper about its model for text-to-speech… Read more »
Global tech giant Microsoft is taking on Canva with a new free graphic design app in Microsoft 365. A web preview of the Designer app is already available for early use, with the company’s corporate VP, Liat Ben-Zur, saying the app is born out of PowerPoint, where Designer uses AI to make template suggestions as you… Read more »
What’s the secret to keeping good talent in tech right now and how fundamental are issues such as hybrid work to the future success of your startup? Creating a culture where teams actively want to be there is one of the biggest challenges tech companies face in the wake of the global pandemic. To address… Read more »
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Eucalyptus head of growth Matt Rossi departs to launch his own marketing startup, Oodle 
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