Goodman Group, Australia’s leading industrial property developer, is ramping up investment in AI-driven data centers and automated warehouses. With major projects planned across Sydney and key global cities, the company is leveraging strategic partnerships and robust funding to meet growing demand for digital infrastructure and support Australia’s digital economy.

Dario Amodei, CEO of Anthropic, has cautioned that AI advancements could eliminate up to 50% of entry-level white-collar jobs within five years. As companies accelerate AI adoption, experts emphasize the importance of workforce training and balanced policy responses to manage potential impacts.

Australian regulators are increasingly turning to artificial intelligence to detect and address predatory lending. By integrating AI into oversight processes, authorities aim to protect vulnerable consumers and strengthen regulatory compliance as cost-of-living pressures persist and financial hardship complaints rise.

Citigroup has rolled out “Citi AI” tools to its Hong Kong employees, providing AI-powered support for tasks such as document summarization and policy retrieval. The initiative is part of Citi’s global strategy to enhance operational efficiency and aligns with local regulatory efforts to advance responsible AI use in financial services.

The Hong Kong government has announced a HK$1 billion investment in artificial intelligence research and development, alongside plans to reduce the civil service workforce by 10,000 positions by 2027. The dual strategy seeks to stimulate economic growth through innovation while addressing significant fiscal pressures.

Microsoft is laying off 7,000 employees worldwide, or about 3% of its workforce, to support a major $80 billion investment in AI infrastructure and technology development. The cuts, affecting various departments and management levels, highlight a strategic realignment as Microsoft aims to strengthen its position in the competitive AI market while navigating macroeconomic pressures.

Foxconn, the world’s largest contract electronics manufacturer, has adjusted its 2025 outlook as currency fluctuations and U.S. trade uncertainties offset strong growth in AI server demand. The company remains focused on AI-driven expansion while navigating global supply chain risks.

JPMorgan Chase & Co. has integrated AI tools like Coach AI to enhance client advisory efficiency, achieving a 20% increase in gross sales from 2023 to 2024. This move highlights the growing role of AI in financial services, improving decision-making, reducing costs, and supporting rapid responses to market changes.

Microsoft’s fiscal Q3 2025 results exceeded analyst expectations, with $70.1 billion in revenue and a 13% year-over-year growth, driven by strong AI and cloud performance. The company’s strategic investments in AI infrastructure and partnerships, including its ongoing collaboration with OpenAI, underscore its focus on next-generation technologies.

A new PwC report predicts AI could raise global economic output by 15% by 2035, rivaling the industrial revolution in its impact. But the scale of benefit hinges on responsible use, climate considerations, and public trust. The report also details PwC’s AI strategy and the evolving structure of global industries.

OpenAI has announced Flex processing, a new beta API option offering reduced costs for its o3 and o4-mini models. Targeted at developers with non-urgent workloads, Flex processing provides budget-friendly access but with slower response times and mandatory ID verification. The move strengthens OpenAI’s competitive position in the evolving AI landscape.

The Trump administration’s aggressive trade measures—including a 125% tariff on Chinese goods and tighter AI export restrictions—have created new hurdles for the global AI industry. Companies like Nvidia face financial setbacks and supply chain challenges, while broader markets reel from increased uncertainty.

A new class-action lawsuit filed in California accuses Apple of misleading marketing for its iPhone 16, claiming the company promoted AI-enhanced Siri features that were not available at release. The case raises broader questions about tech advertising and consumer expectations in the AI era.

A recent GoDaddy study highlights how AI adoption is transforming Canada's small business landscape. With 28% of owners using AI tools to enhance productivity and customer engagement, businesses are seeing measurable boosts in revenue and optimism—especially those using GoDaddy’s AI tool, Airo.

UiPath is navigating a new era of automation by integrating agentic AI with traditional RPA. CEO Daniel Dines outlines the company’s evolving strategy, including workforce reductions, a shift in sales focus, and the growing role of AI in reshaping workplace interactions and enterprise systems.

Artificial intelligence is projected to contribute US$22.3 trillion to the global economy by 2030, according to IDC’s latest analysis. The report highlights AI’s growing role across industries, its powerful economic multiplier effect, and global efforts to expand AI infrastructure to drive innovation and regional competitiveness.

CommBank has opened a Tech Hub in Seattle to strengthen its AI capabilities and collaborate with global tech companies. The initiative will provide learning opportunities for its teams, focusing on Agentic and Generative AI to enhance customer experiences and drive innovation in banking.

As the 25th anniversary of the dot-com bubble passes, the U.S. labour market shows familiar signs of strength—tight conditions, tech optimism, and rising wages. But with AI-driven disruption, policy shifts, and global tensions, experts warn the economy may be walking a fine line between stability and shock.

Artificial intelligence is transforming the workforce, enhancing efficiency while challenging job stability. Research from global organizations highlights AI’s potential to automate tasks, boost productivity, and reshape industries. However, concerns over job displacement persist. This report examines AI’s economic impact, expert strategies for stability, and how individuals can adapt to thrive in the evolving job market.

Intel’s stock rose 3% amid reports TSMC and a consortium including Nvidia, AMD, and Broadcom are negotiating to acquire its struggling foundry business. The move, driven by AI chip needs and U.S. policy, could reshape semiconductor manufacturing.