Artificial Intelligence

Artificial Intelligence
Zoom's investment in Anthropic may be worth US$2-4bn
Zoom’s investment in artificial intelligence company Anthropic may be worth US$2 billion to $4 billion, Baird analysts estimated, with Zoom’s shares surging by 11%. Zoom invested an undisclosed amount in Anthropic in 2023 and said it would incorporate Anthropic’s Claude chatbot into its customer-facing AI offerings. Zoom reported $51 million in investments that quarter, with Baird analysts estimating that at least a large majority of this was in Anthropic. “While we (and the market) have been primarily focused on ZM’s ability to gradually reaccelerate revenue growth and capture AI opportunities, the quieter, hidden gem might be its $51 million investment in Anthropic in 2023,” wrote Baird analyst William Power. “ZM is literally invested in Anthropic’s Claude success, and as Anthropic IPO rumours accelerate, the investment could become even more meaningful.” Anthropic signed a term sheet for a $10 billion funding round earlier this month, which values the company at $350 billion. The round will be led by Coatue Management and Singaporean sovereign wealth fund GIC. According to Baird’s analysts, Anthropic’s $350 billion valuation could mean Zoom may receive a return of around 78 times its initial investment. Anthro
Artificial Intelligence
NVIDIA investment supercharges CoreWeave shares
Shares in CoreWeave rose strongly on Monday after the world’s largest company, NVIDIA, announced a US$2 billion investment in the data centre operator as part of an expansion of their relationship. The CoreWeave (NASDAQ: CRWV) price closed $5.33 (5.73%) higher at US$98.31, capitalising the company at $48.99 billion (A$70.5 billion) following the announcement. NVIDIA and CoreWeave said they would expand their long-standing complementary relationship to enable CoreWeave to accelerate the buildout of more than 5 gigawatts (GW) of artificial intelligence (AI) factories by 2030. NVIDIA has also invested $2 billion in CoreWeave Class A common stock at $87.20 per share, which they said reflected NVIDIA’s confidence in CoreWeave’s business, team and growth strategy as a cloud platform built on NVIDIA infrastructure. “AI is entering its next frontier and driving the largest infrastructure buildout in human history,” NVIDIA Founder and CEO Jensen Huang said in a news release. “CoreWeave’s deep AI factory expertise, platform software and unmatched execution velocity are recognised across the industry. Together, we’re racing to meet extraordinary demand for NVIDIA AI factories — the foundation of the AI industrial revolution.”
Artificial Intelligence
Intel shares plunge as it fails to keep up with demand
The Intel Corp share price has fallen almost 22% since the computer chip maker issued its fourth quarter results for the 2025 financial year (Q4 FY25) and earnings guidance on Friday. Intel (NASDAQ: INTC) shares closed US$2.53 (5.60%) lower at $42.54 on Monday (Tuesday AEDT), capitalising the company at $212.2 billion (A$405.7 billion), bringing the falls over two days to 21.8% and slicing the gains from a near doubling in price over the last year. "The rally had been largely driven by 'the dream' rather than the near-term reality or fundamentals," TD Cowen analysts were quoted as saying in a Reuters story. Intel has been benefitting from a surge in demand for chips used alongside advanced graphics processors in data centres, and also from investments by the United States Government, SoftBank (9984.T) and Nvidia (NASDAQ: NVDA), the world’s largest company. Although it has been maximising production at its factories, Intel has struggled to meet strong artificial intelligence (AI)-driven demand for data-centre chips due to supply constraints, disappointing investors hoping for a corporate turnaround. The net loss widened to US$600 million in the three months ending 27 December from $100 million in the previous corres
Artificial Intelligence
Amazon launches Health AI for One Medical members
Amazon recently rolled out its artificial intelligence health-care assistant in the United States for the members of its primary care chain One Medical, joining OpenAI and Anthropic, which have launched similar features. The tool is called Health AI and uses large language models from Amazon’s Bedrock service to answer questions and provide members with personalised advice based on their medical history. It also assists with managing medications and booking appointments with a user's One Medical provider. Amazon Health Services senior vice president, Neil Lindsay, said the AI assistant will help create a less fragmented health care experience. “Health AI in the One Medical app brings together all the pieces of your personal health information to give you a more complete picture—helping you understand your health, and supporting you in getting the care you need to get and stay well,” he said. “Health AI makes getting health care easier and more convenient, so patients can focus on what matters most: their health.” The Health AI will appear in the One Medical app, which was a company that Amazon acquired in 2023 for US$3.9 billion. One Medical has in-person clinics and also offers tele-health services for member
Artificial Intelligence
Salesforce CEO says more AI regulation is needed
Salesforce CEO Marc Benioff has called for more regulation of artificial intelligence, pointing to several cases of suicide linked to the technology. “This year, you really saw something pretty horrific, which is these AI models became suicide coaches,” Benioff told CNBC on Tuesday at the World Economic Forum’s flagship conference in Davos, Switzerland. Salesforce has a market cap of US$206.21 billion and specialises in cloud-based software using AI. This echoes similar comments he made in 2018, where he said social media should be treated like a health issue and platforms should be more regulated. “Bad things were happening all over the world because social media was fully unregulated,” he said. “Now you’re kind of seeing that play out again with artificial intelligence.” This comes as AI regulation in the U.S. has been particularly murky, with a lack of comprehensive guardrails. Some states, such as California and New York, have begun enacting more stringent laws. President Donald Trump has pushed back on “excessive state regulation” and signed an executive order in December to block such efforts. “To win, United States AI companies must be free to innovate without cumbersome regulation,” the order said.

Artificial Intelligence
OpenAI posts unprecedented revenue growth
OpenAI’s revenue soared past US$20 billion (A$29.8 billion) in 2025 from $6 billion in 2024, according to Chief Financial Officer Sarah Friar. Writing in a blog post, Friar said annualised recurring revenue (ARR) generated by the artificial intelligence (AI) research and deployment company had followed the same growth pattern as compute, which is the power used to train and run its AI models. She said compute grew three times (3X) year-over-year or 9.5X from 2023 to 2025, from 0.2 gigawatts (GW) in 2023 to 0.6 GW in 2024 and about 1.9 GW in 2025. Revenue followed the same curve, growing 3X year-over-year or 10X from 2023 to 2025, from $2 billion ARR in 2023 to $6 billion in 2024 and more than $20 billion in 2025. “This is never-before-seen growth at such scale. And we firmly believe that more compute in these periods would have led to faster customer adoption and monetisation,” Friar wrote in the post. Friar did not detail the profitability of the OpenAI, which consists of a non-profit foundation and a controlled for-profit public benefit corporation, but it is known to have a high cash burn rate due to its massive investments in compute resources, data storage and electricity. OpenAI, which is best known for its
Artificial Intelligence
The Founders: Bringing more women to the tech industry
On the back of the artificial intelligence industry becoming increasingly male-dominated, Australia’s first non-profit organisation for women in AI was born. Women in AI Australia was founded by female leaders and advocates, CREDuED CEO Nikki Meller, small business and communities expert Amanda Rose and AI expert Dr. Juliana Peloche, who all believe in equal opportunity in the AI industry. “We want to help equip and empower women, but not only women, young women and girls across Australia, to not only learn about artificial intelligence, but to lead with it and to create with it, because it's super important that we kind of leverage our lived experiences,” Meller tells Azzet.Women in techMeller says that while women make up 50% of the Australian workforce, the AI industry is disproportionately male, with women only making up around 20% of highly technical roles, including AI. Similar statistics can be seen in the U.S., where women only make up 32% of the tech industry and only 22% of the AI industry. She pointed to a Deloitte report that found that estimated women reskilling into technology could earn them A$31,100 more per year on average. The report also found that the collective benefit of this additional talent
Artificial Intelligence
OpenAI partners with chipmaker Cerebras in $10 billion deal
OpenAI and AI chipmaker Cerebras have signed a deal to deliver 740 megawatts of computer power. According to people close to the matter, the deal is valued at around US$10 billion. It will also help diversify Cerebras away from the United Arab Emirates’ G42, which made up 87% of revenue in the first half of 2024. “We are delighted to partner with OpenAI, bringing the world’s leading artificial intelligence (AI) models to the world’s fastest AI processor,” Cerebras co-founder Andrew Feldman said. “Just as broadband transformed the internet, real-time inference will transform AI, enabling entirely new ways to build and interact with AI models.” OpenAI’s Sachin Katti said this was part of OpenAI’s strategy to build a resilient portfolio that matched the right systems to the right workloads. “Cerebras adds a dedicated low-latency inference solution to our platform,” Katti said. “That means faster responses, more natural interactions, and a stronger foundation to scale real-time AI to many more people.” This comes months after the two companies worked together to ensure that Cerebras’s gpt-osss open-weight models would work smoothly on Cerebras silicon, alongside chips from Nvidia and Advanced Micro Devices.
Artificial Intelligence
Magnificent Alphabet hits $4 trillion valuation
Alphabet Inc became the fourth company to be valued at US$4 trillion (A$5.97 trillion) on Monday (Tuesday AEDT). Shares in Google’s parent company reached a peak of $334.04 in early trading, valuing the company at about $4.03 trillion, before easing to reduce the day’s gains. Alphabet shares (NASDAQ: GOOG) ended $3.29 (1.00%) higher at $331.86, capitalising the company at $4.01 trillion, and rose further to $332.42 in after-market trading. It joined three other members of the so-called Magnificent 7 technology stocks that have passed $4 trillion: Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL). This also marked a change in investor sentiment due to Alphabet’s expansion into artificial intelligence (AI) with its shares rising 65% last year as its cloud business grew strongly. It followed news Apple had selected Google’s Gemini as the foundation for the next generation of its AI models and future versions of its Siri digital assistant. "Of the ‍Magnificent 7 stocks, it's the one name that has surprised us all over the last 12 months and they're making inroads ‌beyond their ‌traditional model," Ladenburg Thalmann Asset Management CEO Phil Blancato was quoted saying in a Reuters article. "

Artificial Intelligence

Zoom's investment in Anthropic may be worth US$2-4bn

NVIDIA investment supercharges CoreWeave shares

Intel shares plunge as it fails to keep up with demand

Amazon launches Health AI for One Medical members

Salesforce CEO says more AI regulation is needed

OpenAI posts unprecedented revenue growth

The Founders: Bringing more women to the tech industry

OpenAI partners with chipmaker Cerebras in $10 billion deal

Magnificent Alphabet hits $4 trillion valuation

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