Another AI giant is going public, and an exciting day for Squiz Kids
6/9/202613 min
Wednesday, 10 June: Another AI giant is going public; An exciting day for Squiz Kids; Barbeques Galore is no more; And voting on our favourite Aussie shows...
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Hosted by Alice Dempster and Andrew Williams
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Transcript preview
First 90 secondsAlice Dempster· Host0:00
This is a Squiz Podcast, [upbeat music] where your shortcut to being informed. This podcast is brought to you by BHP. BHP plays a big role in the Australian economy from the tax it pays, the small, local, and indigenous businesses it backs, regional communities it supports, and how it contributes to the broader economy. Good morning. I'm Alice Dempster.
Andrew Williams· Host0:23
And I'm Andrew Williams.
Alice Dempster· Host0:24
It's Wednesday the 10th of June. In your Squiz today, another AI giant is going public, an exciting day for Squiz Kids, BBQs Galore is no more, and voting on our favorite Aussie shows. This is your Squiz today. [upbeat music] We were only talking about the AI company Anthropic preparing to go public on the US stock market this time last week. Now we've heard that OpenAI, the company behind ChatGPT, is following in its footsteps. It's expected to be one of the highest valued market debuts in history.
Andrew Williams· Host0:59
It is. This is a bit of an emerging theme at the moment. And to give you an idea of how highly these companies are valued, OpenAI was recently judged to be worth well over a trillion dollars in Australian money. That would make it one of the highest valued companies in the world. Anthropic is apparently worth even more, and they're not the only two AI companies planning to go public. Elon Musk's SpaceX is also heavily involved in AI, and that has plans in the works as well. So this is the process where private companies get ready to sell shares to people who want