Artificial Intelligence

The Australian Securities and Investments Commission says rapid innovation in digital assets and artificial intelligence is creating consumer and market risks in its latest annual report. The regulator signals that firms and investors should expect closer scrutiny and higher compliance expectations.

Anthropic announced a $50 billion investment to expand U.S. AI infrastructure, saying the plan will create thousands of jobs and accelerate AI capabilities. The move could reshape compute supply chains and affect cloud and web3 services that rely on large-scale models.