OpenAI's Australian launch should have been a victory lap. Instead, Sam Altman called a "code red," warning staff that the company risks losing its lead in the global Ai race. The timing is no accident: Australia has become one of the most hotly contested AI battlegrounds in the world, and the banks, among the country's biggest technology spenders, are at the centre of the fight.
Over the past week, OpenAI has pushed deeper into the market, striking new corporate partnerships, opening its Australian headquarters, and backing a $7 billion NextDC data-centre project in Sydney. But its rivals. . .
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