Cathie Wood, one of the world’s most famous tech investors, told Australian media that an Anthropic researcher’s warning AI could lead to humanity’s extinction is “ridiculous.” But there is investment opportunity amid the fear generated, she says.
Australian engineer Andrew Tulloch joined Meta last year after founding Thinking Machines Lab with OpenAI’s former CTO. He starts at Anthropic next week.
Kelly Bayer Rosmarin’s Aigentsphere startup raised $4 million from VC Main Sequence earlier this year.
Metacognition AI raised $10 million from Main Sequence in a round ten times the size of Australia’s pre-seed average.
OpenAI will be a foundational customer of two AI Factory data centres Australian company Firmus is developing. Key Takeaways Key Background Founded by Oliver Curtis and Tim Rosenfield, Firmus has rocketed almost out of nowhere to become Australia’s third largest data centre company by valuation. It has raised US$2.5 billion ($3.5 billion) so far this […]
Will Scully-Power has for the past two been investing in Australian space startups. Now he’s looking to launch a VC fund.
As it reshapes its core creativity products around AI, Canva is also hoping more prosaic productivity features can drive subscriptions.
Around $60 million in taxpayer funds has been deployed by Brandon Capital to startups working on cancer cures, infection prevention, fibrosis treatment and more. Brandon Capital has deployed around $60 million of National Reconstruction Fund capital across 10 biotech startups over the past year, championing the NRF as helping to keep promising technology in the […]
Two proposed amendments to superannuation will be a boon for the startup sector, predicts King River Capital.
The Sydney startup will setup a basic quantum computer in an Equinix data centre by October, it said on Tuesday, as it moves to commercialise a technology that’s been in R&D phase for decades. Key Takeaways Key Background Proponents of quantum computing say it could be a US$200 billion industry that will enable fundamental breakthroughs […]