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Showing 11 - 20 of 34 results for "Generative AI"

Technology optimises family office performance: KPMG

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... generative artificial intelligence (AI) to streamline reporting. However, only 8% of family offices have started using generative AI. "We have seen an extraordinary increase in the number of family offices being established in Australia. At the same ...

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
... intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think you can put aside conversations about a bubble because it all comes down to valuations," Warton said. ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... rapid acceleration in the volume of AI use cases and a shift towards more complex and opaque types of AI such as generative AI. The regulator said licensees expressed they were planning to increase their use of AI. "We are concerned that not all licensees ...

Finance workers worry about job displacement from AI, government urged to take action

KARREN VERGARA  |  WEDNESDAY, 12 FEB 2025
... employment worldwide will be impacted by AI, while Goldman Sachs foresees 300 million jobs disappearing thanks to generative AI. In response to the report, ACTU assistant secretary Joseph Mitchell said: "Too often, we have seen AI used by multinational ...

Investment down as uncertainty rises

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... required as Australia transitions toward net zero emissions, while technology trends are promoting investment in generative AI, software, as well as physical infrastructure such as data centres. These investments, should they be realised, will drive ...

AustralianSuper pumps $2.2bn into US data centre

KARREN VERGARA  |  WEDNESDAY, 16 OCT 2024
... embracing companies that run enterprise data warehouses amid demand for cloud-based solutions, advanced analytics, and generative AI heats up. Aware Super recently finalised its investment in Europe's euNetworks, which provides hyperscale computing ...

NZ Super Fund shines bright with standout return

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... returns for the fund's strong investment gains. "Declining inflation, positive macroeconomic data and optimism that generative AI technology will boost corporate profitability saw global markets perform exceptionally well," Townsend said. The rally in ...

Macquarie AM splurges on data centre

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... in Seoul. The head of Macquarie Korea Asset Management Jason Suh said with the growth of IT technologies such as generative AI and cloud services and the need to outsource IT services, the growing demand for data centres is a key driver of digital infrastructure. ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
KPMG specialists say disruptive technologies, particularly generative AI, and the imperative to automate, are exposing financial services executives to unprecedented vulnerabilities. In Australia, KPMG partner Matt O'Keefe noted that heightened customer ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... LinkedIn vice president global public policy and economic graph Sue Duke said. "We are reaching a pivotal moment as generative AI starts to impact the labour market with a recalibration of the skills employers value most. Employers must ensure they apply ...