AI demand to drive surge in public cloud spend to $5.6B

New Zealand organisations are expected to spend nearly $5.6 billion on public cloud services in 2026, an increase of 20.8 per cent from 2025, as demand for artificial intelligence (AI) workloads accelerates. Spending on infrastructure-as-a-service (IaaS) will see the largest growth (and is the largest spending category at $2.6 billion) with an increase of 27.2…

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Director’s View 

By Johan de Villiers Welcome to our latest quarterly newsletter. In this edition, I’ve been exploring a fascinating corner of finance that has quietly been reshaping how we understand the future: prediction markets. You may have come across the name Kalshi during the 2024 US elections, or perhaps stumbled onto it through a news headline…

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No part of Amazon is ‘unaffected’ by AI, says its head of AGI

“There’s scarcely a part of the company that is unaffected by AI,” said Vishal Sharma, Amazon’s VP of Artificial General Intelligence, on Monday at Mobile World Congress in Barcelona. He dismissed the idea that open source models might reduce compute needs and deflected when asked whether European companies would change their generative AI strategies in…

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Microsoft unveils new voice-activated AI assistant for doctors

Microsoft is giving its health-care artificial intelligence tools a makeover. The company on Monday unveiled a new voice-activated AI assistant that combines capabilities from its dictation solution, Dragon Medical One, and ambient listening solution, DAX Copilot, into one tool. “Dragon Copilot” will be able to help doctors quickly pull information from medical sources and automatically…

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Why 2042 will be a big year for AI

From the Big Bang to the rise of artificial intelligence, AI pioneer Juergen Schmidhuber unpacks history’s rapid-fire advancement — and why 2042 might just be the year AI reaches superhuman levels. Blending insights from biology, technology and the cosmos, he imagines a future where AI expands beyond Earth, redefining life and intelligence in unforeseen ways.…

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