Four cofounders of popular AI coding tool Cursor are now billionaires
The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.
Innovation
AI is running out of data. So, who benefits next?
Australia is running out of the human data that powers AI, and companies are already building systems to monetise the behavioural signals that remain. The risk is simple: institutions capture the value while consumers and the country miss out, writes Cam Partridge.
Google’s hot new AI coding tool was hacked a day after launch
A security researcher discovered a major flaw in the coding product, the latest example of companies rushing out AI tools vulnerable to hacking.
What AI is doing to our brains: Smarter, dumber or just evolving?
A 2025 MIT study found that using generative AI boosts productivity but reduces memory and cognitive engagement, with brain connectivity dropping by up to 55%. Yet, Nature Neuroscience research shows mindful use can enhance cognitive flexibility.
The Australian influencer couple seeking 7-figure cheque to turn AI ‘pink’
High-school-sweethearts-turned-startup-founders Scarlett Frazer and Iestyn Thomas are headed to Silicon Valley to raise funds in a bid to prove the future of AI is feminine.
This startup is racing Duolingo to replace human language tutors with AI
Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.
The $8 billion lesson from Australia’s longest-running tech incubator
As tech incubator Cicada Innovations marks its 25th anniversary, new CEO Liza Noonan reflects on how a $20 million initial public investment helped generate more than $8 billion in economic value, and why long-term commitment remains critical to building Australia’s sovereign deep tech future.
OpenAI could be blowing as much as $15 million per day on silly Sora videos
Some back-of-napkin math suggests OpenAI is spending more than a quarter of what it’s making to power the AI slop factory.
Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree
OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.
Meet the women elevating Australia’s next quantum leaders
Quantum Women recently ran a pilot program to elevate the voices of women in the quantum industry. Leaders say giving female scientists a seat at the quantum table is essential to prevent bias now showing up in AI.