Microsoft’s huge Australian AI investment | AI job ads rising | Airline cancellations climb

3 hours ago The News Room

Microsoft has committed $25bn in Australian data centre investment; SEEK says there’s been a 75 per cent increase in job ads using AI key words; airline cancellations climbs slightly ahead of industry warnings of capacity cuts in the future

00:00 Microsoft announces its largest ever investment in Australia
03:07 The Commonwealth Bank has cut nearly 120 jobs saying it is simplifying roles
03:28 Employers are increasingly seeking workers with AI skills
07:54 slight rise in the number of cancellations of domestic flights in March

Ricardo Gonçalves breaks down the day’s financial news in On The Money.

SBS News is Australia’s trusted news source for the latest news from Australia and across the world.

Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe

For the latest news, visit www.sbs.com.au/news

Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints