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Deteqt

Sydney startup raises $5m on the tech that found downed pilot

Quantum magnetometers were thrust into the spotlight last week when news broke of the top-secret CIA device used to find a downed US pilot in Iran. Aussie company Deteqt was already on the case.

  • By Mark Whittaker
  • Forbes Staff

This 23 year-old’s new AI data company has already hit a $100 million run rate

This 23 Year-Old’s New AI Data Company Has Already Hit A $100 Million Run Rate

  • By Anna Tong

This ex-Google duo just raised $900k to build an AI receptionist for Aussie tradies

Chime Labs, founded by two ex-Google leaders, has secured pre-seed funding to deploy AI receptionists for the chronically underserved trade sector.

  • By James McCreery

Meet the women of AI filmmaking

The 50 filmmakers featured in this year’s Power List represent the early leaders of this movement. Filmmaking no longer belongs to the few, instead to those bold enough to try something new. Watch them now.

  • By Jessie Hughes

Asides

Why Rosella is re-engineering insurance from the ground up

An Australian marathoner’s brush with sepsis in the U.S. sparked a mission to dismantle legacy insurance brokerage models with an AI-native tech stack. VC investment soon flowed.

  • By Shivaune Field
  • Business Journalist

Inside the OpenAI graveyard: All the deals and products that haven’t happened

As it announces one of the biggest funding rounds in history, OpenAI has trumpeted hundreds of billions in other deals and products—including Sora—that haven’t yet become reality.

  • By Phoebe Liu
Prime Minister Anthony Albanese and Anthropic CEO Dario Amodei. Images: Getty

Inside the Anthropic x Australia alliance: What the $550 billion AI giant wants from Canberra

As global AI giants face increasing friction in Washington and Brussels, Anthropic CEO Dario Amodei has landed in Canberra with a strategic “Plan B.” For Canberra, it is a play for sovereign capability; for Amodei, it is a bid to prove that responsible AI is viable national infrastructure.

  • By Shivaune Field
  • Business Journalist

OpenAI valuation reaches $852 billion after massive funding round

The record-breaking funding round comes as the AI company reportedly lays the groundwork for going public.

  • By Antonio Pequeño IV

The wearable banned at the Australian Open is now worth $14.7 billion

It made a controversial splash at this year’s AO, and now supports Aussie AFL and NRL athletes. Whoop wearables are making their mark in Australia, as the Boston-based company reaches decacorn status.

  • By Shivaune Field
  • Business Journalist

This crypto billionaire wants to use the human brain as a blueprint for AI

Ripple and Stellar founder Jed McCaleb wants to build AGI by studying how the brain learns—then translating those rules into AI.

  • By Anna Tong
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