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OpenAI strikes deal on US$4.6 bn AI centre in Australia
OpenAI strikes deal on US$4.6 bn AI centre in Australia
Economy
by  AFP

ChatGPT maker OpenAI and an Australian data centre operator have agreed to develop a multibillion-dollar AI centre in Sydney. The two firms will collaborate on planning, development and operation of the AI infrastructure partnership in western Sydney, NextDC said in a statement.

Asian markets mixed ahead of US data, expected Fed rate cut
Asian markets mixed ahead of US data, expected Fed rate cut
Economy
by  AFP

Asian markets struggled into the weekend on Friday following a bland lead from Wall Street as a mixed bag of US data did little to move the needle on expectations the Federal Reserve will cut interest rates next week. And while figures Thursday on jobless claims and layoffs came in slightly better than expected, markets have priced the chances of a rate cut Wednesday at around 90 percent.

French almond makers revive traditions to counter US dominance
French almond makers revive traditions to counter US dominance
Economy
by  AFP

The scent of marzipan wafts through the air as confectioners from a century-old company in southern France prepare calissons, one of Provence's famed sweets made of candied melon and crushed almonds. - 'Virtuous agricultural practices' - The company now cultivates 230 hectares of groves in southern France.