AI decisioning platform, Rich Data Co, has banked $28 million in a Series B funding round led by Westpac and US cloud banking software firm nCino.
New research finds used electric vehicle prices are down more than a third, with Teslas suffering some of the largest price drops – but hybrids are selling like hotcakes.
A two-year-old venture and advisory firm, Happenco, has closed its first funDing, raising $12 million to invest into early-stage startups.
Wealthy investment guru Charlie Munger, renowned for amassing vast wealth before joining forces with Warren Buffett at Berkshire Hathaway, passed away at the age of 99.
Space Machines Company launched in 2019 with a mission to clean up space junk and service the some-7,000 satellites orbiting in the sky. After two-and-a-half-years in design-mode, its orbital servicing vehicle, Optimus, is ready for take-off, on SpaceX’s Falcon 9 launch in March 2024.
As news of OpenAI CEO Sam Altman’s ousting – and subsequent hiring at Microsoft – spreads, Forbes Australia sat down with Salesforce SVP of AI and Machine Learning, Jayesh Govindarajan, to find out what this means for the broader industry.
The 34-year-old engineer and chief technology officer of OpenAI has been thrust into the role of CEO after previous boss Sam Altman was ousted from his role.
Iconic Australian self-tan brand Bondi Sands sold to Japanese chemical and cosmetics giant Kao Corporation in August this year, in a deal worth $450 million. Now, co-founder Blair James is on to his next venture, with serial entrepreneur Hamish Buckley. They say they’re staring down a $230 billion opportunity.
Virgin Australia could face strike action over job insecurity, unsafe conditions and ‘poverty pay’ as the airline’s approach to bargaining ‘frustrates’ staff, the Transport Workers Union says.
Adam Neumann’s net worth was last valued at US$2.2 billion by Forbes, as the company he co-founded, WeWork, files for Chapter 11 bankruptcy in New Jersey. Co-working start-up WeWork was founded in 2010, and revolutionised the concept of office-space for freelance, remote and self-employed workers. The business, which was once valued at US$47 billion, last […]