Australia Breaking News

Advanced Machine Intelligence Labs Chairman Yann LeCun argues that today's AI is powerful information retrieval not true intelligence. He speaks at an Indian AI summit in New Delhi.

Air France-KLM CEO Ben Smith speaks exclusively to Bloomberg News after they reported better-than-expected earnings in the fourth quarter and remains upbeat about the North Atlantic routes despite heightened geopolitical tensions.

OpenAI is close to finalizing the first phase of a new funding round that is likely to bring in more than $100 billion, according to people familiar with the matter, a record-breaking financing deal that would give the startup additional capital to build out its artificial intelligence tools. Bloomberg's Annabelle Droulers reports.

Qantas Airways (ASX:QAN) headquarters is tense as hundreds of employees await official notification regarding their future with the national carrier.

Billionaire Mukesh Ambani announces Reliance and Jio's latest AI initiatives including an investment of 10 trillion rupees ($110 billion) in infrastructure and intelligence. He spoke at an AI summit in New Delhi.

Rio Tinto (ASX:RIO) booked an 8% increase in copper equivalent production and a 9% rise in underlying EBITDA to US$25.4 billion in 2025.

Codan (ASX:CDA) reported 55% increase in net profit after tax to $71.2 million for the first half of fiscal year 2026.

Non-bank lender MONEYME (ASX:MME) announced its financial results for the half-year ended Dec. 31, 2025, headlined by a 26% increase in its loan book to $1.75 billion.

Rob Scott, Managing Director and CEO at Wesfarmers, discusses the company's latest results and the outlook for consumer spending and inflation in Australia. He speaks with Paul Allen on Insight with Haslinda Amin.

Srikanth Velamakanni, Co-Founder, Group Chief Executive & Executive Vice-Chairman of Fractal Analytics, India's first artificial intelligence unicorn, discusses his thoughts on AI fears and how that impacted the company's initial public offering. Fractal Analytics raised $313 million in an IPO last week. He speaks with Haslinda Amin on "Insight with Haslinda Amin."

Speaking at the India AI Impact Summit in New Delhi, French President Emmanuel Macron said his country is "embarking on a process to ban social networks for children under 15 years old." He told the audience that "there is no reason our children should be exposed online to what is legally forbidden in the real world."

Whitehaven Coal (ASX:WHC) has reported a resilient operational performance for the first half of FY26, navigating a period of "soft" pricing.