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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US Justice Department green lights Paramount’s acquisition of Warner Bros

The US Justice Department (DOJ) has cleared Paramount Skydance Corporation’s planned acquisition of Warner Bros Discovery.  The approval clears a major regulatory hurdle for a deal that will reshape the American entertainment industry. After an eight-month investigation, the DOJ concluded that the roughly $US110 billion ($156 billion) merger is unlikely to harm competition or American…

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