Projects

Tech company has signed on to nine deals as it aims to reach net zero carbon emissions by 2040Get our breaking news email, free app or daily news podcastAmazon has entered power agreements with nine new renewable projects in New South Wales and Victoria, as the technology company seeks to source renewable power for its datacentre operations in Australia.The nine deals, including one windfarm and 10 solar and battery projects, will take the amount of renewable energy Amazon is sourcing in Australia from 430MW to nearly 1GW. Continue reading...

Industry fears strait of Hormuz closure could disrupt shipping of crucial parts for UK and German North Sea projects• Business live – latest updatesA string of large offshore wind projects in Europe are facing potential delays as the Iran war threatens to disrupt shipping of crucial parts manufactured in the Gulf.Industry sources are concerned that components ordered from suppliers in the United Arab Emirates could become trapped if shipping remains effectively blocked through the strait of Hormuz. Continue reading...

The Australian Institute of Architects’ judges sought to highlight a gentler approach to urban transformation,’ chair of the awards steering committee saysGet our breaking news email, free app or daily news podcastSydney’s Campbelltown has paved paradise and put up a parking lot. And the brave jury at the Australian Urban Design awards has declared it heavenly.The winners of the 2026 awards, announced on Tuesday at Parliament House in Canberra, suggest the era of the star architect’s singular, sculptural spectacle is being traded, at least this year, for something more pragmatic: an unassuming revolution where the most significant breakthroughs are found in natural, open-mesh ventilation, a splash of colour and a heart of soothing greenery. Continue reading...

• Forrester Research forecasts global technology spending will grow 7.8% in 2026 to $5.6 trillion, up from $5.2 trillion in 2025, driven primarily by continued AI investment across defense, financial services, healthcare, industry, and retail sectors. • Computer equipment will see the highest growth at 16.8% due to rising AI server demand, with AI-specialized computers expected to capture more than 80% of computer equipment spending by 2030, up from 43% in 2024. • Financial services and healthcare sectors will see robust technology spending in 2026, driven by investments in cybersecurity, cloud infrastructure, AI, data storage, and AI literacy training despite broader economic volatility.

• CMS actuaries forecast U.S. health spending at $5.3 trillion in 2024, outpacing economic growth to hit 20% of GDP by 2033. • Projections highlight unsustainable trajectory for national health expenditures. • Policymakers face pressure to address cost drivers in insurance, drugs, and services.

• Nvidia is projecting a trillion-dollar chip market while the AI industry shifts focus from training giant models to inference, robotics, and real-world deployment at GTC 2026 in San Jose. • CEO Jensen Huang spotlighted new systems and platforms aimed at industrial use cases and physical AI applications, signaling that commercial viability increasingly depends on inference economics and enterprise adoption. • The market shift reflects where spending is heading: training remains critical, but applied AI and infrastructure orchestration are becoming more investable than generic model-building pitches.

• Energy Secretary Chris Wright told NBC News that gasoline prices could decline by summer despite ongoing disruptions from the Iran war and threats to global oil supplies. • The forecast suggests potential relief from elevated energy costs that have accompanied the three-week conflict, though oil markets remain volatile due to Iranian actions in the Strait of Hormuz and retaliatory attacks on regional infrastructure. • The projection reflects administration confidence in energy supply alternatives and market stabilization even as the conflict continues to create supply-chain uncertainties.