Proposal has been put to cabinet to allow AI companies to mine content, in exchange for investment and $350m fund to compensate artists, sources say Creatives are demanding fresh assurances from the Albanese government that it won’t water down copyright laws under a potential deal with tech giants to attract more than $50bn worth of datacentre investment in exchange for a $350m-a-year fund for artists.Guardian Australia has been told an industry proposal has been presented to cabinet that would grant AI companies special exemptions to mine creative content. Continue reading...
POLITICS
Oil extends gains as Mideast tensions and Hormuz toll prospects raise supply worries
Oil prices rose on Tuesday after U.S. President Donald Trump announced plans to impose shipping fees in the Strait of Hormuz.
CNBC·22h ago
