Esteban Tesson

FICO launches a platform to test and compare credit scoring strategies, and announces a plan to issue $1bn of senior notes

U.S. company FICO has put a new analytics platform online for financial institutions to test different scoring approaches, benchmark their portfolios, and explore new data sources to expand access to credit.

12 March 2026 at 03:05 am AEDT

Meta unveils four new AI chips to reduce its reliance on Nvidia and AMD

The group is accelerating the development of in-house processors to optimize its data centers and support the rise of generative AI.

12 March 2026 at 02:58 am AEDT

Starboard urges CarMax to overhaul its digital platform and cut costs

Activist fund Starboard Value has called on CarMax to undertake a deep revamp of its digital platform for buying and selling used vehicles and to tighten its cost discipline. In a letter to incoming chief executive Keith Barr, the fund said the company is "well below its potential". It recommended simplifying the online trade-in process and improving conversion rates to regain market share in a sector increasingly dominated by digital comparison.

12 March 2026 at 02:21 am AEDT

Meta Unveils Four New AI Chips to Reduce Its Reliance on Nvidia and AMD

The group is accelerating the development of in-house processors to optimize its data centers and support the rise of generative AI.

12 March 2026 at 02:14 am AEDT

Nebius shares jump after Nvidia's $2bn investment

The chipmaker is doubling down on its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

12 March 2026 at 01:36 am AEDT

Starboard presses CarMax to overhaul its digital platform and cut costs

Activist fund Starboard Value has urged CarMax to conduct a deep overhaul of its digital platform for buying and selling used vehicles and to tighten cost discipline. In a letter to incoming CEO Keith Barr, the fund said the company is "well below its potential". It notably recommends simplifying the online trade-in process and improving conversion rates to regain market share in a sector increasingly shaped by digital comparison shopping.

12 March 2026 at 01:00 am AEDT

Nebius shares jump after Nvidia makes $2bn investment

The chipmaker is bolstering its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

12 March 2026 at 12:20 am AEDT

Nebius shares jump after Nvidia makes a $2bn investment

The chipmaker doubles down on its artificial intelligence infrastructure strategy by backing cloud specialist Nebius.

11 March 2026 at 11:49 pm AEDT

A Republican senator still has reserves on Kevin Warsh's nomination to lead the Fed

Republican Senator Thom Tillis said he would not lift his opposition to Kevin Warsh's nomination as chairman of the Federal Reserve. Speaking to reporters at the Capitol, the North Carolina lawmaker said no statement from the nominee could change his position, even during their meeting scheduled for later in the day. He said that his refusal was not directed at Warsh personally but at the process surrounding the nomination.

11 March 2026 at 05:20 pm AEDT

XAI wins approval to build gas-fired power plant to supply its data centers

The Mississippi plant, meant to support Elon Musk's company's artificial intelligence infrastructure, is facing opposition from residents and environmental groups.

11 March 2026 at 04:54 pm AEDT

AT&T plans $250bn in US network investments

The telecom operator wants to bolster its infrastructure to meet rapidly growing demand driven by AI, cloud computing and connected devices.

11 March 2026 at 04:51 pm AEDT

Oracle beats Q3 expectations on AI demand

The US group is benefiting from the boom in artificial intelligence to accelerate growth in its cloud services and top analysts' forecasts.

11 March 2026 at 04:46 pm AEDT

Oracle tops third-quarter expectations on AI-driven demand

The US group is riding the artificial intelligence boom to accelerate growth in its cloud services and beat analysts' forecasts.

11 March 2026 at 07:28 am AEDT

A Republican senator keeps his hold on Kevin Warsh's Fed nomination

Republican Senator Thom Tillis said he would not lift his objection to Kevin Warsh's nomination to serve as chair of the Federal Reserve. Speaking with reporters at the Capitol, the North Carolina lawmaker said nothing the nominee says would change his position, even during their scheduled meeting later in the day. He said his refusal is not about Warsh personally, but about the process surrounding the nomination.

11 March 2026 at 07:16 am AEDT

XAI Wins Approval to Build a Gas-Fired Power Plant to Supply Its Data Centers

The Mississippi plant project, intended to support the Elon Musk company's artificial intelligence infrastructure, is drawing opposition from residents and environmental groups.

11 March 2026 at 06:44 am AEDT

AT&T plans $250bn in U.S. network investment

The telecom operator wants to bolster its infrastructure to keep up with rapidly rising demand tied to AI, cloud computing and connected devices.

11 March 2026 at 06:19 am AEDT

A judge temporarily blocks Perplexity's AI shopping agent on Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial-intelligence browser.

11 March 2026 at 05:53 am AEDT

A judge temporarily blocks Perplexity's AI shopping agent from accessing Amazon

US courts say Amazon has provided strong evidence of unauthorized access to the site by the Comet artificial intelligence browser.

11 March 2026 at 05:14 am AEDT

Amazon reviews outages linked to the use of AI-assisted code

11 March 2026 at 04:27 am AEDT

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The US group is stepping up its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

11 March 2026 at 04:24 am AEDT

Nvidia invests in Mira Murati's AI start-up Thinking Machines Lab

The American group is doubling down on its artificial intelligence strategy by backing the young company founded by the former OpenAI executive.

11 March 2026 at 03:49 am AEDT