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Selby Allies: It trades at a P/E of 17 times, and has a market cap of $17.4 billion. Hugh, it’s up to you. Is it buy, hold or sell? Hugh Dive (BUY): I don’t agree with Hugh. I think this is a purchase. Raising interest rates with a tough premium cycle. This is very positive. They have actually seen some return on their investment stream for the first time in 10 years. Also, business has been much simplified. We didn’t expect anything bad from QBE. No Argentine workers’ compensation, Ecuador’s crop insurance or Columbia’s third-party motorcycles, which have been defrauding investors for years. This is a much simpler story. I think this is a solid buy. And you also have the falling Aussie dollar, which is a big beneficiary for QBE, unlike domestic insurers. Selby Allies: Next, we have South32. Recently bought a 45 percent stake in a Chilean copper mine. Hugh, stay with you. Is it buy, hold or sell? Hugh Dive (SELL) : Sell. Catch the falling knife. Underlying an unfriendly

Research led by Monash University and RMIT in Melbourne have figured out how to create advanced photonic integrated circuits that build bridges between data superhighways, revolutionizing the connectivity of today’s optical chips and replacing bulky 3D optics with thin slices of silicon wafers. This development, published in the prestigious journal Nature Photonics has the ability to accelerate the global advancement of artificial intelligence and offers significant real-world applications such as: Safer driverless cars capable of instantly interpreting their surroundings Enable AI to diagnose medical conditions faster Makes natural language processing faster for apps like Google Homes, Alexa, and Siri. Smaller switch to reconfigure the optical network that carries our internet to get data where it is needed faster Whether it’s turning on the TV or keeping the satellites on track, photonics (the science of light) is changing the way we live. Photonic chips can turn large bench-sized

Melbourne-based research has led to the creation of a self-calibrated photonic chip. Research led by Monash University and RMIT in Melbourne has found a way to replace bulky 3D optics with silicon chips. “We have demonstrated a self-calibrating self-programmable photonic filter chip featuring a signal processing core and an integrated reference path for self-calibration,” explains Monash University’s ARC-winning lead researcher Professor Arthur Lowery. “Self-calibration is very important because it makes tunable photonic integrated circuits useful in the real world; applications include optical communication systems that redirect signals to destinations based on their color, very fast similarity calculations (correlators), scientific instrumentation for chemical or biological analysis, and even astronomy. “Electronics saw a similar improvement in radio filter stability using digital techniques, which led to many phones being able to share the same slice of spectrum: our optical chips h

Conceptual diagram of a self-calibrating integrated broadband PIC. Credit: Xingyuan Xu et al, Nature Photonics (2022). DOI: 10.1038/s41566-022-01020-z Research led by Monash and RMIT University in Melbourne has found a way to create advanced photonic integrated circuits that build bridges between data superhighways, revolutionizing the connectivity of today’s optical chips and replacing bulky 3D optics with thin slices of silicon wafers. This development, published in the journal Nature Photonics has the ability to accelerate the global advancement of artificial intelligence and offers significant real-world applications such as: Safer driverless cars capable of instantly interpreting their surroundings Enable AI to diagnose medical conditions faster Makes natural language processing faster for apps like Google Homes, Alexa, and Siri Smaller switch to reconfigure the optical network that brings our internet to get the data we need fas