Data

ANZ’s venture arm, 1835i, backs data collaboration startup DataCo Technologies

- May 18, 2022 2 MIN READ

A data sharing startup DataCo Technologies has emerged out of ANZ Bank’s VC and innovation arm, 1835i, to help businesses organisations safely test and realise the value of collaborating on data.  The DataCo Collaboration Platform allows organisations to connect and collaborate on customer data, leveraging the latest privacy enhancing and data protection technologies to remove… Read more »

Kogan.com
Data

The ACCC wants online marketplaces to give users more control over their data

- May 4, 2022 4 MIN READ

Consumers using online retail marketplaces such as eBay and Amazon “have little effective choice in the amount of data they share”, according to the latest report of the Australian Competition & Consumer Commission (ACCC) Digital Platform Services Inquiry. Consumers may benefit from personalisation and recommendations in these marketplaces based on their data, but many are… Read more »

Robot with digital screen
Data

Why artificial intelligences needs to be retrained to improve diversity

- March 11, 2022 3 MIN READ

Artificial intelligence (AI) systems must be systemically retrained to eliminate gender bias, industry analysts have advised amidst warnings that male-dominated development teams must be re-educated to build robotic automation systems that better reflect society. Those workers – which have rapidly become commonplace in everything from logistics centres to police forces and automotive manufacturing plants – have been programmed for a range… Read more »

Data

COMPUTER SAYS NO: The trouble with chatbots and how to use them better

- January 10, 2022 4 MIN READ

Hands up if you’ve ever cursed, mocked or yelled at a chatbot. No surprise if you have. Those automated “helpers” – supposedly designed to make customer service smarter, faster and more efficient – can certainly be a source of frustration for sentient beings. Interactions with chatbots have become increasingly common in our daily lives. But… Read more »

Brenton Charnley, CEO – Australia & New Zealand, TrueLayer
Data

In 2021, the Consumer Data Right train finally left the station. But where is it going? And when will it get there?

- December 22, 2021 4 MIN READ

Open banking in Australia is the first train to leave the station under the Consumer Data Right (CDR). This past year has been critical in laying the tracks.  We have 72 banks registered by the Australian Competition and Consumer Commission (ACCC) with the status of Data Holder, so they can now supply data. This covers… Read more »

Data

Future First Technologies raises $2.35m to manage roads using AI and drones

- December 21, 2021 2 MIN READ

Future First Technologies has completed a $2.35 million call-out to investors to improve its AI-powered road maintenance systems. The company reached out to sophisticated and institutional investors for the capital raise in order to further integrate technology from Australian AI firm EagleSoft into its Asset Vision business while also expanding its sales capacity. Future First… Read more »

I Robot
Data

The best way to make sure AI doesn’t steal your job is to work with it, not against it

- December 2, 2021 3 MIN READ

Whether it’s athletes on a sporting field or celebrities in the jungle, nothing holds our attention like the drama of vying for a single prize. And when it comes to the evolution of artificial intelligence (AI), some of the most captivating moments have also been delivered in nailbiting finishes. In 1997, IBM’s Deep Blue chess… Read more »

Andy Penn
Data

Telstra and data science company Quantium launch a joint venture to drill down into data for industrial customers

- November 15, 2021 2 MIN READ

Australia’s biggest telco and data science Quantium plan to launch a joint venture business Telstra says will “unlock the potential of data and AI” for the company and its customers. Sydney-based Quantium is a global leader in using artificial intelligence (AI) to translate raw data into actionable insights. The Woolworths-backed business now operates in 20… Read more »

Facial recognition
Data

Clearview AI ordered to delete all images of Australians scraped from social media by Privacy Commissioner

- November 3, 2021 3 MIN READ

Clearview AI, the controversial US-based facial recognition software company co-founded by Australian entrepreneur Hoan Ton-That, has been ordered to delete all Australian images on its database following multiple breaches of the country’s privacy laws. A 15-month joint investigation by the Office of the Australian Information Commissioner (OAIC) and the UK’s Information Commissioner’s Office (ICO) into… Read more »