AI is a ‘tool’ not a threat, F&P Healthcare tells shareholders

AI is a ‘tool’ not a threat, F&P Healthcare tells shareholders
Lewis Gradon is relaxed about AI. (Image: Supplied)
Ella Somers
Deep in the belly of Fisher & Paykel Healthcare’s Auckland premises, the medical products company told shareholders it didn’t need to worry about artificial intelligence.“It’s a very interesting question,” chief executive Lewis Gradon told the shareholder who wanted to know what effect and impact the board thought AI would have on the firm.Gradon said F&P Healthcare had first investigated AI 15 years ago. The company had a neural network running AI in the company’s current continuous positive air...

More Markets

Metro Performance Glass' deal with Cowes Bay falls over
Markets

Metro Performance Glass' deal with Cowes Bay falls over

Metroglass and its banks couldn't agree on key final terms of documentation.

NZX-listed Cooks Coffee unfazed by record raw coffee prices
Retail

NZX-listed Cooks Coffee unfazed by record raw coffee prices

This year's 76% hike doesn't affect the firm's outlook, chair says.

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024