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AI Illiteracy Crisis
Major news outlets report that NZ is at risk of being left behind due to a lack of strategic AI literacy.
AI Forum NZ Warning
The AI Forum NZ releases a report highlighting a critical skills gap despite infrastructure growth.
AWS Auckland Region Launch
Amazon Web Services goes live with its Auckland-based infrastructure, providing local data residency.
Microsoft Azure Announcement
Microsoft confirms plans for the first hyperscale data center region in New Zealand.
New Zealand faces a critical disconnect between its rapidly expanding data center infrastructure and a growing AI skills gap. Despite multi-billion dollar investments from hyperscalers like Microsoft and AWS, experts warn that the nation remains 'AI illiterate' and at risk of economic stagnation.
Intuit has updated its financial outlook for the third quarter of fiscal 2026, maintaining a full-year revenue growth target of 12-13%. Despite a strong Q2 performance, the company's cautious Q3 projections triggered a market pullback as investors weigh the pace of its AI-driven platform transition.