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Firmus’ flop; Labor’s AI letter to itself.

Firmus’ collapsed IPO has spread from financial markets to becoming a national story in Australia. Now it’s found itself at the centre of global investor fears on the strength of the AI industry.

Meanwhile, the Joint Select Committee on AI’s copyright recommendations to the Prime Minister appear to have been edited by the PM’s own office, prompting Senator David Pocock to question the committee’s independence.

We discuss:

Firmus’ failed IPO and the contagion hitting CoreWeave’s bonds overnight

The “tall poppy syndrome” debate and Oliver Curtis’ Singapore comments to The Australian

Why…

The skinny

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