Published: October 12, 2026 Artificial intelligence investment is becoming a significant force in the world economy, supporting demand for chips, data centres and computing services while raising difficult questions about employment and inequality. At the opening of the IMF and World Bank annual meetings in Bangkok on October 12, IMF Managing Director Kristalina Georgieva said...

The competition between the United States and China for artificial-intelligence leadership is unfolding alongside continued commercial interdependence, particularly in hardware and lower-cost AI products. A Washington Post report published on October 11 described how American businesses use Chinese AI tools and components even as policymakers raise national-security concerns and consider tighter restrictions. The report highlighted...

China has issued new policy guidance intended to support advanced technology and artificial-intelligence development while discouraging speculative investment and uncontrolled expansion. Reuters reported on October 9 that the guidance from the Communist Party and the cabinet emphasises scientific research, technology self-sufficiency, industrial upgrades and AI safety. It also calls for avoiding “swarm-like” investment, in which...

The race to build AI data centres is pushing demand beyond processors into the optical components and networking equipment that move data between machines. A technology-news roundup published on October 9 reported that Lumentum, an optical technology supplier backed by Nvidia, had sold out capacity for certain components through nearly 2029 amid AI data-centre demand....

Satellite Connectivity Moves Closer to Mainstream Mobile Use The US Federal Communications Commission is preparing to vote on proposals that could accelerate direct-to-device satellite services. These systems allow compatible smartphones and other devices to connect with satellites rather than relying entirely on traditional mobile towers. Reuters reported that the FCC plans an October 29 vote...

Latest News: Nvidia-Backed Lambda Targets $4 Billion Funding Round Ahead of Planned IPO Why this matters The race to build artificial intelligence infrastructure is attracting another major investment round. Nvidia-backed cloud computing company Lambda is reportedly seeking up to $4 billion in its final funding round before a planned initial public offering. Reuters, citing a...

WA's Science and Technology Council has urged government action on AI and high-performance computing, as the state leads the nation in AI adoption.

Perth-founded CorePlan has been named WA Tech Company of the Year at the 35th INCITE Awards, celebrating the state's technology innovation community.

WA has secured a major share of 1.9GW of renewable energy and 3.7GWh of battery storage under a $5 billion federal Capacity Investment Scheme round.

A WA medical technology company is advancing a novel breast cancer imaging technology through clinical trials, showcasing the state's biomedical strength.