Forbes Australia

Some startups are making millions in months thanks to AI. Most are falling behind.

“The average person using it in an average way is getting a meaningfully worse outcome.”

Featured

‘Whole new revenue opportunity’: Canva bets big on Craft foundation model

AI agents have struck again. Should you give them your passwords?

World’s 6 richest lose $130 billion on Thursday as AI spending fears sink tech stocks

Moderna stock plunges 25% after possible cancer vaccine data leak

Meta posts $64 billion in revenue and announces stock split in Q3 earnings

Issue 25

From Synchron to Australian Ultra Bionics

Dali Kaafar centre with Brad Joffe (left) and Peter Eckermann.

How a Sydney professor built an AI army to scam the scammers

She was once asked to fetch coffees. Now Liz Westcott runs Australia’s largest energy company

This ex-NASA physicist had a ‘cushy job for life’. He took a gamble now worth $400 million

How the best horse on the planet came to Sydney to run in the richest turf race in the world

Quick Takes: Three entrepreneurs we’re watching right now – Issue 25

Life

Our Asia insider reveals the Hong Kong luxury hotels actually worth a trip

Our Asia insider reveals five Hong Kong hotels actually worth the trip in 2026

The world's best airlines and airports of 2026

The world’s best airlines and airports of 2026

Elizabeth Holmes Series ‘The Dropout’ Surged 400% The Day After ‘You Can See Everything’ Hit Theaters

Kylie Jenner wears $50 Million Jacob & Co. Victoria’s Secret fantasy bra

Australia’s first Michelin Star restaurants revealed

The record $6M Caulfield Cup, real estate, and racing legacy of the MRC

Billionaires

Musk invests $1 billion in Skydance as it stares down high debt after WBD acquisition

Meet the world’s highest-paid soccer players in 2026

World’s richest lose $50 billion as stocks slide after hot inflation report

Nvidia chief Jensen Huang’s net worth falls below $200 billion mark as tech stocks drop

OpenAI’s Sam Altman says world should accept ‘some bad things’ from AI

Evan Spiegel’s ill-fated $3 billion plan to put Snapchat on your face

Entrepreneurs

Sam Bankman-Fried bought his first startup. Now, Airwallex is betting millions on his next

Tim Doyle believed Eucalyptus could hit $10 billion. Here’s why he sold it for a fifth of that

How bootstrapped wellness startup KIC is building the female hydration market

Firmus absorbed 70% Australian startup funding before attempted IPO

Diraq scores $73 million in US defence race against quantum heavyweights

Ed Craven

Australia’s youngest billionaire Ed Craven places his next big venture bet

Innovation

Some startups are making millions in months thanks to AI. Most are falling behind.

OpenAI says AI found one of the biggest web weaknesses ever

OpenAI opens door for payments to Australian creatives as part of AI data centre drive

‘The Social Reckoning’ policies that Silicon Valley avoided – and Canberra delivered

OpenAI asked the chip industry to build faster. Then it built its own chip team.

Anthropic pauses free Claude startup perks days after launch

BrandVoice

Lodestar is hunting the critical minerals an electrified world needs

Customer habit and fear can no longer be mistaken for loyalty

Why your revenue problem might not be a lead problem

Investing

‘Confidence evaporated’: Explaining Firmus’ $44 billion IPO flop

Square Peg's Ben Hensman, Leila Lee, Dan Krasnostein and Paul Bassat. Credit: Square Peg.

Square Peg raises over $1 billion for new funds amid AI bonanza

Arkeus

How Arkeus crossed defence tech’s ‘valley of death’

‘Culture clash’: Inside three years of transformation and tumult at Xero

RBA Rate Decision Tracker (September, 2026)

RBA hikes cash rate by 25 basis points to highest level in 15 years

Leadership

Australia’s top companies for women in 2026

OpenAI reportedly fires 3 researchers over allegedly mishandling confidential information

Oracle filing reveals Co-CEO made 6,623 times the company’s median worker

Jane Goodall’s lasting lessons for our planet

$790 million medtech Harrison.ai reveals revenue surge after restructure culling 15% of staff

How 540 AFLW players became the world’s biggest women’s league

Tap here to see the full 30 Under 30 list.