NVIDIA AI Day Sydney showcases Australia’s growing role in global AI innovation

Australia took centre stage in the global AI landscape last week as NVIDIA AI Day Sydney gathered over a thousand participants to explore the nation’s path toward sovereign AI.

The event, held at ICC Sydney Theatre, featured discussions on agentic and physical AI, robotics and AI factories, highlighting how the next generation of computing is driving transformation across sectors.

Industry leaders, including Commonwealth Bank of Australia, Canva and emerging startups, joined NVIDIA executives to discuss how advanced computing and AI are shaping innovation.

Brendan Hopper of the Commonwealth Bank praised NVIDIA’s role in expanding Australia’s AI ecosystem through infrastructure, partnerships and education.

Speakers such as Giuseppe Barca of QDX Technologies emphasised how AI, high-performance computing and quantum research are redefining scientific progress.

With over 600 NVIDIA Inception startups and more than 20 universities using NVIDIA technologies, Australia’s AI ecosystem is expanding rapidly. Partners like Firmus Technologies, ResetData and SHARON AI underscored how AI Day Sydney demonstrated the nation’s readiness to become a regional AI hub.

The event also hosted Australia’s first ‘Startup, VC and Partner Connect’, linking entrepreneurs, investors and government officials to accelerate collaboration.

Presentations from quantum and healthcare innovators, alongside hands-on NVIDIA Deep Learning Institute sessions, showcased real-world AI applications from generative design to medical transcription.

NVIDIA’s Sudarshan Ramachandran said Australia’s combination of high-performance computing heritage, visual effects expertise and emerging robotics sector positions it to lead in the AI era.

Through collaboration and infrastructure investment, he said, the country is building a thriving ecosystem that supports discovery, sustainability and economic growth.

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$MELANIA coin faces court claims over price manipulation

Executives behind the $MELANIA cryptocurrency, launched by Melania Trump in January, are accused in court filings of orchestrating a pump-and-dump scheme. The coin surged from a few cents to $13.73 before falling to 10 cents, while $TRUMP dropped from $45.47 to $5.79.

Investors allege the creators planned the price surge and collapse to profit from rapid trading. Court papers allege Meteora executives used accomplices to buy and sell $MELANIA quickly, securing large profits while ordinary investors lost money.

Melania Trump herself is not named in the lawsuit, which describes her as unaware of the alleged scheme.

The $MELANIA allegations are now part of broader legal proceedings involving multiple cryptocurrencies that began earlier this year. Meteora has not commented, while the Trump family reportedly earned over $1bn from crypto ventures in the past year.

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Binance founder CZ granted presidential pardon

Binance founder Changpeng ‘CZ’ Zhao has received a presidential pardon after serving a four-month sentence for violating US money laundering laws. The decision follows Binance’s guilty plea and $4.3 billion fine over allegations of helping users bypass sanctions.

The White House defended the move, describing Zhao’s prosecution under the previous administration as part of a broader ‘war on cryptocurrency’. Press Secretary Karoline Leavitt said the case had been ‘overly prosecuted’ and that the pardon corrected an act of ‘misjustice’.

The decision has reignited debate over potential conflicts of interest, given the Trump family’s investments in the digital asset space.

Zhao expressed gratitude for the pardon, saying it reflected America’s commitment to fairness and innovation. The decision removes restrictions preventing him from leading financial ventures, although his future role with Binance remains uncertain.

The company, registered in the Cayman Islands, called the move ‘incredible news’ but declined to comment on the allegations of political favouritism.

The administration has adopted a friendlier stance toward the crypto industry, easing regulations and promoting the idea of a national cryptocurrency reserve. Critics, including Senator Elizabeth Warren, called the pardon ‘corrupt’, saying it weakens financial accountability.

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UC Santa Cruz uses NVIDIA AI to map global coastal flood risks

Researchers at the University of California, Santa Cruz, are using NVIDIA’s accelerated computing to model coastal flooding and support climate adaptation planning.

Led by Professor Michael Beck, the team develops high-resolution, GPU-powered visualisations to assess how coral reefs, mangroves, and dunes can reduce flood damage.

The centre employs NVIDIA CUDA-X software and RTX GPUs to speed up flood simulations from six hours to just 40 minutes. Using tools such as SFINCS and Unreal Engine 5, the team can now generate interactive visual models of storm impact scenarios, providing vital insights for governments and insurers.

The researchers’ current goal is to map flooding risks across small island states worldwide ahead of COP30. Their previous visualisations have already helped secure reef insurance policies in Mexico’s Mesoamerican Barrier Reef region, ensuring funding for coral restoration after severe storms.

A project, part of CoSMoS ADAPT, that aims to expand the US Geological Survey’s coastal modelling system and integrate nature-based solutions like dunes and reefs into large-scale flood resilience strategies.

Through NVIDIA’s technology and academic grants, the initiative demonstrates how accelerated computing can drive real-world environmental protection.

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UK data stays in the UK as OpenAI rolls out residency

OpenAI will offer UK data residency for API Platform, ChatGPT Enterprise, and ChatGPT Edu from October 24. The option, announced by Deputy PM David Lammy, is tied to a Ministry of Justice partnership. The government says it boosts privacy, security, and resilience for public services and business.

Lammy will unveil the ‘sovereign capability’ at OpenAI Frontiers, citing early MoJ efficiency gains. Over 1,000 probation officers will use Justice Transcribe to record and auto-transcribe offender meetings. Hours of admin shift to AI so staff can focus on supervision and public protection.

OpenAI CEO Sam Altman says UK usage has quadrupled in the past year. The company pitches AI as a way to save time and lift productivity across sectors. MoJ pilots have sparked interest from other departments, with broader adoption expected.

Data residency is a key blocker for regulated sectors, and this move aims to address that gap. Keeping data within the UK can simplify compliance and reduce perceived risk. It also underpins continuity plans by localising sensitive workloads.

ChatGPT Atlas, an AI-first web browser, was also announced this week. Its arrival could nudge users away from keyword searches toward conversational answers. OpenAI faces rivals Anthropic, Perplexity, and big tech incumbents in that shift.

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AI leaders call for a global pause in superintelligence development

More than 850 public figures, including leading computer scientists Geoffrey Hinton and Yoshua Bengio, have signed a joint statement urging a global slowdown in the development of artificial superintelligence.

The open letter warns that unchecked progress could lead to human economic displacement, loss of freedom, and even extinction.

An appeal that follows growing anxiety that the rush toward machines surpassing human cognition could spiral beyond human control. Alan Turing predicted as early as the 1950s that machines might eventually dominate by default, a view that continues to resonate among AI researchers today.

Despite such fears, global powers still view the AI race as essential for national security and technological advancement.

Tech firms like Meta are also exploiting the superintelligence label to promote their most ambitious models, while leaders such as OpenAI’s Sam Altman and Microsoft’s Mustafa Suleyman have previously acknowledged the existential risks of developing systems beyond human understanding.

The statement calls for an international prohibition on superintelligence research until there is a broad scientific consensus on safety and public approval.

Its signatories include technologists, academics, religious figures, and cultural personalities, reflecting a rare cross-sector demand for restraint in an era defined by rapid automation.

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CMC pegs JLR hack at £1.9bn with 5,000 firms affected

JLR’s cyberattack is pegged at £1.9bn, the UK’s costliest on record. Production paused for five weeks from 1 September across Solihull, Halewood, and Wolverhampton. CMC says 5,000 firms were hit, with full recovery expected by January 2026.

JLR is restoring manufacturing in phases and declined to comment on the estimate. UK dealer systems were intermittently down, orders were cancelled or delayed, and suppliers faced uncertainty. More than half of the losses fall on JLR; the remainder hits its supply chain and local economies.

The CMC classed the incident as Category 3 on its five-level scale. Chair Ciaran Martin warned organisations to harden critical networks and plan for disruption. The CMC’s assessment draws on public data, surveys, and interviews rather than on disclosed forensic evidence.

Researchers say costs hinge on the attack type, which JLR has not confirmed. Data theft is faster to recover than ransomware; wiper malware would be worse. A claimed hacker group linked to earlier high-profile breaches is unverified.

The CMC’s estimate excludes any ransom, which could add tens of millions of dollars. Earlier this year, retail hacks at M&S, the Co-op, and Harrods were tagged Category 2. Those were pegged at £270m–£440m, below the £506m cited by some victims.

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USB inventor and Phison CEO warns of an AI storage crunch

Datuk Pua Khein-Seng, inventor of the single-chip USB flash drive and CEO of Phison, warns that AI machines will generate 1,000 times more data than humans. He says the real bottleneck isn’t GPUs but memory, foreshadowing a global storage crunch as AI scales.

Speaking at GITEX Global, Pua outlined Phison’s focus on NAND controllers and systems that can expand effective memory. Adaptive tiering across DRAM and flash, he argues, will ease constraints and cut costs, making AI deployments more attainable beyond elite data centres.

Flash becomes the expansion valve: DRAM stays scarce and expensive, while high-end GPUs are over-credited for AI cost overruns. By intelligently offloading and caching to NAND, cheaper accelerators can still drive useful workloads, widening access to AI capacity.

Cloud centralisation intensifies the risk. With the US and China dominating the AI cloud market, many countries lack the capital and talent to build sovereign stacks. Pua calls for ‘AI blue-collar’ skills to localise open source and tailor systems to real-world applications.

Storage leadership is consolidating in the US, Japan, Korea, and China, with Taiwan rising as a fifth pillar. Hardware strength alone won’t suffice, Pua says; Taiwan must close the AI software gap to capture more value in the data era.

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Suzanne Somers lives on in an AI twin

Alan Hamel says he’s moving ahead with a ‘Suzanne AI Twin’ to honor Suzanne Somers’ legacy. The project mirrors plans the couple discussed for decades. He shared an early demo at a recent conference.

Hamel describes the prototype as startlingly lifelike. He says side-by-side, he can’t tell real from AI. The goal is to preserve Suzanne’s voice, look, and mannerisms.

Planned uses include archival storytelling, fan Q&As, and curated appearances. The team is training the model on interviews, performances, and writings. Rights and guardrails are being built in.

Supporters see a new form of remembrance. Critics warn of deepfake risks and consent boundaries. Hamel says fidelity and respect are non-negotiable.

Next steps include wider testing and a controlled public debut. Proceeds could fund causes Suzanne championed. ‘It felt like talking to her,’ Hamel says.

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Teachers become intelligence coaches in AI-driven learning

AI is reshaping education, pushing teachers to act as intelligence coaches and co-creators instead of traditional instructors.

Experts at an international conference, hosted in Greece, to celebrate Athens College’s centennial, discussed how AI personalises learning and demands a redefined teaching role.

Bill McDiarmid, professor emeritus at the University of North Carolina, said educators must now ask students where they find their information and why they trust it.

Similarly, Yong Zhao of the University of Kansas highlighted that AI enables individualised learning, allowing every student to achieve their full potential.

Speakers agreed AI should serve as a supportive partner, not a replacement, helping schools prepare students for an active role in shaping their futures.

The event, held under Greek President Konstantinos Tasoulas’ auspices, also urged caution when experimenting with AI on minors due to potential long-term risks.

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