The secretive skincare mogul beating chocolate and the TAB
Australians are now splashing more cash on Korean skincare than they are on chocolate, and almost as much as they bet on horses.
And, as Tansy Harcourt reports in The Australian, while most wouldn’t know it, one low-profile entrepreneur is riding that glossy wave all the way to the bank.
Li Yang, who goes by Lee Li, is the quiet force behind W Cosmetics, a K-beauty retail chain with 38 stores and $200 million in annual revenue.
AI
Monash bets big on $60 million AI supercomputer
Monash University is getting into the supercomputer game with a beast of a machine named MAVERIC, a $60 million AI-powered unit designed to crunch mind-bending amounts of data and spit out breakthroughs in everything from climate science to cancer research.
As Julie Hare writes in the Australian Financial Review, MAVERIC (short for Monash Advanced Environment for Research and Intelligent Computing) is set to go live next year and will be the first of its kind in Australia and one of only a few globally.
Think less Terminator, more turbocharged lab assistant.







