Australia electricity prices: Power bills to fall; Boral slams Kerry Stokes’ Seven bid; Nvidia CEO’s insights in announcing super AI chip

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Read everything that’s happened in the news so far today.

In today’s news, Boral says Kerry Stokes’ bid undervalues the group, electricity bills are set to fall, and Chanticleer looks at the big AI announcement by Nvidia’s CEO.Australia’s sharemarket was flat near noon AEDT, with only four of the 11 sectors in the green. BHP had rallied 1.1 per cent.Business leaders and think tank directors will dine with Chinese Foreign Minister Wang Yi on Wednesday; Chris Bowen dismisses calls to split the supermarket giants.

Chief executive Jensen Huang claimed the company’s new Blackwell chips are substantially more powerful than its already market-leading ones.The former president is asking a court to delay enforcement of a judgement after the Trump Organisation approached 30 surety companies who would not help.Musk says his ketamine prescription is in investors’ best interests

Tesla CEO Elon Musk has told former CNN anchor Don Lemon that using the drug alleviates periods of low mood, and “what matters is execution”.The company’s announcement of even faster AI computer chips underscores how rapidly this technology will change the way we work and live.

Melbourne Textile Knitting’s Stephen Morris-Moody has always been a dyed-in-the-wool fan of yarn. Now he’s taken his work to Calvin Klein and Ralph Lauren.From Detroit to small markets, two Melbourne artists spent 25 years assembling an unrivalled collection of mid-century design pieces by Clement Meadmore.

 

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Technology Technology Latest News, Technology Technology Headlines