Bullock Warns Data Centre Inflation Can't be Ignored Amid AI Fears

RBA Governor Michele Bullock has warned that data centre inflation cannot be ignored by the central bank. Bullock made this comment in relation to her view on the threat posed by artificial intelligence (AI) to Firmus, a digital infrastructure company.

Bullock said AI's Apocalypse Now fear is just one of several threats to Firmus' business model.

Meanwhile, ANZ has announced a ruthless race to integrate Suncorp into its operations. Some workers have expressed discomfort with this move.