| Good afternoon, Welcome to your twice-weekly look at how generative AI is transforming the way we live, work and play – plus the latest news and analysis. Apple is in talks to invest in OpenAI, a move that would cement ties to a partner integral to its efforts to gain ground in the artificial-intelligence race. The investment would be part of a new OpenAI fundraising round that would value the ChatGPT maker above $US100bn ($147.2bn). It’s full steam ahead for the AI boom but a sharp fall in Nvidia after its latest quarterly report suggests it might be time to have a closer look at other ways to play the AI theme. Wads of Australian data is being hosted in offshore servers, often unbeknown to the companies who own the data and allowed it to leave local shores in the first place. We explain why. Let me know what you think — lynchj@theaustralian.com.au | 