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Real-time News
The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 3.0 occurred near Li County, Aba Prefecture, Sichuan Province (31.53°N, 103.30°E) at 14:53 on September 14. The final result is subject to the official rapid report.September 14th - Data center provider Firmus Technologies Pty is seeking to raise up to $5 billion in its Australian initial public offering (IPO). Sources familiar with the matter say the provider aims to list by the end of October. Discussions are ongoing, and details of the offering, including size and timing, are subject to change, according to sources. Compiled data suggests the deal would be one of the largest IPOs in Australian history, comparable to Medibank Pvts 2014 offering, which raised just under $5 billion. This would be a welcome boost to the countrys primary market, which has raised just over $1 billion so far this year, compared to over $2 billion annually in the previous two years. The Australian company has already signed contracts with several major US technology companies prior to the listing, including an agreement with OpenAI to provide computing power from two data center sites in Malaysia.On September 14th, Nikkei reported that US AI giant OpenAI is open to training its models in Australia, with a senior executive stating that negotiations are underway regarding issues such as copyright protection. Australia is seeking a greater role in AI development, moving beyond simply hosting data centers, and aims to position itself as a standard-setter in infrastructure development and application deployment. Prime Minister Albanese announced plans in July to legislate "national standards," stating that these rules will seek to ensure that companies using Australian creators data respect copyright protection. Ann OLeary, OpenAIs Vice President of Global Policy, stated at an event hosted by the Australian Strategic Policy Institute in Canberra that the company supports the governments approach and is interested in training its models in Australia.Crude oil futures contracts saw a short-term pullback, with SC crude oils intraday gains narrowing to 9.98%, currently trading at 890.7 yuan/barrel. Low-sulfur fuel oil (LU) saw its decline widen to 0.15%, currently trading at 5479 yuan/ton. Fuel oils intraday gains narrowed to 1.84%, currently trading at 4371 yuan/ton. Asphalt rose 2.62%, currently trading at 5556 yuan/ton.According to Nikkei, OpenAI says it is in talks regarding training models in Australia.
