Outlier Space has raised an unusually large $10.5 million pre-seed round to build a satellite designed to help companies manufacture pharmaceuticals, silicon and other advanced materials in microgravity. Space is becoming a new frontier of advanced manufacturing thanks to the wonders of microgravity. That may sound like sci-fi, but antipodean investors are betting it will […]
Fortune 500 companies are embracing AI, but few can measure a tangible return. Atlassian’s chief people and AI enablement officer says widespread adoption means little unless businesses redesign the processes around it. The executive in charge of Atlassian’s internal AI tooling says the world’s biggest companies are struggling to see productivity gains from AI, and […]
Macquarie head of banking and infrastructure Greg Ward will in November take the reins from Wikramanayake, who has led the bank for eight years. Key Takeaways Key Background Wikramanayake is a Macquarie lifer, having joined the Millionaire’s Factory in 1987 – just two years after Macquarie Bank was spun out of UK firm Hill Samuel. […]
It is true that AI has made creating a software startup easier, but data from Cut Through Venture indicates getting funding may be another story.
Rick Carragher will leave Xero in early August after serving 16 months as chief technology officer, employees were told on Wednesday.
Revolut, a UK fintech last valued at US$75 billion ($104 billion), has been approved to operate banking services in Australia. It plans to spend “nearly” $400 million to win over the local market.
Xero’s chief people officer, charged with driving the company’s “performance-driven culture”, departed the ASX accounting giant earlier this month.
“We should not treat AI as a threat to good jobs, we must use it as an instrument to create them,” Prime Minister Anthony Albanese said, pledging to legislate national AI standards – including copyright protections – by early 2027. A swaggering Anthony Albanese declared Australia the best place in the world to invest in […]
Copyright law has become the central flashpoint of Australia’s AI and data centre policy. Sharon AI chief executive James Manning says no changes are needed.
Xero has amped up performance management of staff, offering underperformers the option for immediate severance, amid AI’s disruption of the SaaS market.