Michael Burry, the hedge-fund manager famous for his bet against the US subprime mortgage bubble that sparked the GFC, has targeted the gargantuan data centre bill he says AI companies are hiding.

News of OpenAI’s decision came as the giant chipmaker Nvidia announced a new tool it claimed would ensure bots stayed within their instructions.

High pay for long hours on a rota is common on oil platforms, in mines and on container ships. It is increasingly so in another field: caring for the children of the super-rich.

Casino operator is suing a multinational insurer, which has declined to pay out a policy the gambling giant expects to help it fund a $72 million class action.

Average petrol prices climbed 10¢ a litre and diesel rose 14¢ last week to hit their highest levels since the second month of the Iran war.

Red Metal Ltd has swooped in on ground near its two projects in QLD, lodging 17 additional tenement applications for prospective iron oxide-copper-gold deposits.

South Africa’s Gold Fields offered to buy Northern Star Resources in a potential blockbuster deal, but was knocked back.

Gold has effectively always cost much more than silver, and nickel more than copper. But the age of electricity is starting to wreak havoc on accepted wisdom.

Critical Resources has continued its push into the South American nation of Suriname, grabbing a second gold project in the tiny, gold-rich country.

Dateline Resources has surged after securing heavyweight US Government backing in a legal push to restart work at its Colosseum gold-rare earths project in California.

The sudden surge in US bond yields threatens a market trading at near record levels, and the boom in artificial intelligence-related stocks that has driven it.

Australian shares had a shaky start to the week, with a slump in miners counterbalancing rallies in banks, utilities and health care stocks.