RBA v Treasury on AI, as Michele Bullock casts doubt on productivity recovery and data centre boom adds to inflation

RBA v Treasury on AI, as Michele Bullock casts doubt on productivity recovery and data centre boom adds to inflation

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Commonwealth Bank and artificial intelligence giant Anthropic are both tipping AI will deliver a productivity bonanza for Australia, aligning with Treasurer Jim Chalmers’ Intergenerational Report, which some have criticised as too optimistic in its long-term outlook. But as Treasury tipped AI to help productivity recover within five years, Reserve Bank of Australia governor Michele Bullock…

Malaysia’s e-sports boom: from gaming passion to digital economy opportunities

Malaysia’s e-sports boom: from gaming passion to digital economy opportunities

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KUALA LUMPUR: E-sports enthusiast and full-time accountant Mohamed Ilyas Suhairi returns to video games to unwind after a long day, as there is always something new to explore. The 26-year-old said he was drawn to e-sports because it allowed him to relax, have fun and connect with friends. “When I started following e-sports, I became…

The Great AI Productivity Boom (Your Customers Will Never Feel)

The Great AI Productivity Boom (Your Customers Will Never Feel)

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The Gist What is the AI ROI paradox? Enterprise AI is delivering major internal productivity gains while customer-facing value and ROI remain stagnant at most organizations. Why doesn’t productivity reach customers? AI-powered customer service actually fails at nearly four times the rate of other AI use cases, and internal speed gains aren’t being redirected toward…

Meta AI Chips, ONGC Jobs, Europe M&A Boom, Claude AI & Ethereum Rally

Meta AI Chips, ONGC Jobs, Europe M&A Boom, Claude AI & Ethereum Rally

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Here’s your rapid rundown of some of the most important news from today on artificial intelligence, recruitment, business M&A, productivity tools, and the cryptocurrency market. What’s new today: The company Meta is preparing to start production of its custom-made AI chips in September while working hard to increase the computing power it needs for AI….

Digital boom must translate into real economic gains, says Indonesia minister

Digital boom must translate into real economic gains, says Indonesia minister

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JAKARTA: South-East Asia’s booming digital economy will translate into lasting economic power only if countries can retain more of the value created by digital platforms and artificial intelligence, Indonesian Communications and Digital Affairs Minister Meutya Hafid said. Speaking at the Asia Economic Summit in Jakarta on Wednesday (June 17), Meutya said rapid growth alone was…

AI Infrastructure News: How Investors Can Participate in the Cloud GPU Leasing Boom and Generate Passive Income in 2026

AI Infrastructure News: How Investors Can Participate in the Cloud GPU Leasing Boom and Generate Passive Income in 2026

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AI GPU Rental is offering short-term ways to invest in AI computing power. New users can also get up to $128 in free credits to try it. London, June 13, 2026 (GLOBE NEWSWIRE) — Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email…

AI drives boom in one-person companies nationwide

AI drives boom in one-person companies nationwide

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A one-person company owner works at an industrial park designated for OPC businesses in Lianyungang, Jiangsu province, on March 25. GENG YUHE/FOR CHINA DAILY As artificial intelligence tools become cheaper, smarter and easier to use, they are helping more Chinese entrepreneurs turn personal expertise and online followings into one-person companies (OPCs), building lean businesses powered…

Microsoft report: Global AI boom grows, but rich-poor digital divide is widening

Microsoft report: Global AI boom grows, but rich-poor digital divide is widening

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SAN FRANCISCO, May 8 — Generative artificial intelligence is being used by 17.8 per cent of the world’s working-age population, but the gap between wealthy and developing nations continues to widen, according to a report published Tuesday by Microsoft. In the first quarter of 2026, 27.5 per cent of people aged 15-64 in developed countries…

China’s AI toy boom puts generative AI in kids’ hands, exposing new risks

China’s AI toy boom puts generative AI in kids’ hands, exposing new risks

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Talking toys have been around forever, but now China’s AI toy makers are embedding generative models into plush toys and companion devices. The shift marks a notable moment for the industry, with generative AI becoming embedded in everyday consumer products. Children are among the first to experience it in physical form, raising new safety and…