AI company Firmus to become Tasmania’s biggest power user if three planned sites come to fruition

An artificial intelligence (AI) company will become Tasmania’s biggest power user if its ambitions to establish three “AI factories” in the state come to fruition. Singapore-based Firmus Technologies is building an AI factory in the Launceston suburb of St Leonards, which is expected to be operational early next year. Firmus has said the factory will…

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Call to reinstate travel compensation scheme after millions lost in AVG Travels collapse

Australian travellers who collectively lost millions of dollars after their travel agency collapsed are calling on the federal government to overhaul consumer protections in the travel sector. Melbourne-based agency AVG Travels, which sold discounted international tour packages to Asia, Europe and Africa, was placed into liquidation in May. New documents lodged with ASIC show the…

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Dashdot encouraged customers to proceed days before collapse as liquidators examine insolvency timeline

Customers were still being encouraged to proceed with Dashdot’s property investment services just days before the buyer’s agency entered voluntary liquidation, according to emails and messages obtained by ABC News. The communications do not prove any wrongdoing occurred. But they raise fresh questions about what was happening inside the company in the weeks before its…

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