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Why are OpenAI and Anthropic cheering on regulation in Australia? The answer has global reach

22 July 2026 at 16:00

The companies hope to follow in the footsteps of SpaceX, which raised $86bn and soared to a $2.1tn valuation after it listed on public markets in June

Top US AI developers Anthropic and OpenAI cheered when Australia announced it would set new AI rules.

Big tech celebrating limits on their Silicon Valley VC-funded free-for-all might seem counterintuitive but there’s a much broader play than just what happens in one relatively small market.

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© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

© Photograph: Dado Ruvić/Reuters

Climate and rock art advocates take on Woodside’s β€˜carbon bomb’ WA gas project in federal court

Albanese government’s approval of North West Shelf gas extension being challenged by the Australian Conservation Foundation and Friends of Australian Rock Art

The Albanese government’s decision to approve one of the world’s largest gas projects in Western Australia is being challenged in the federal court, setting up a significant test of how Australia’s environment law deals with the climate crisis.

The Australian Conservation Foundation (ACF) and Friends of Australian Rock Art (Fara) are this week running concurrent court challenges against the approval of the extension of Woodside’s major North West Shelf gas export project.

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Β© Photograph: Ari Balle-Bowness/Australian Conservation Foundation

Β© Photograph: Ari Balle-Bowness/Australian Conservation Foundation

Β© Photograph: Ari Balle-Bowness/Australian Conservation Foundation

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