Innovation Archives

The hidden AI risk companies can’t afford to ignore

Opinion: As businesses race to adopt AI, weak governance is creating costly delays, reputational damage and regulatory risk, argues OneTrust’s Corey Rice. Artificial intelligence is quickly becoming embedded in modern business, promising greater efficiency, faster decision-making and new opportunities for innovation. Yet many organisations still treat governance as an afterthought – something to address after deployment rather than a capability that should shape […]

Xero’s CTO resigns in second leadership departure this month

Rick Carragher will leave Xero in early August after serving 16 months as chief technology officer, employees were told on Wednesday.

Does Australia have a debt problem? Not if you look closely at the figures

Opinion: Australia’s march towards $1 trillion in gross debt has prompted plenty of hand-wringing, but a closer look tells a far less alarming story, argues economist Stephen Koukoulas. Every Friday, the Australian Office of Financial Management publishes the total value of Australian government securities on issue. On Friday 17 July 2026, that figure was just […]

The UK’s $100 billion fintech disruptor takes aim at Australia’s big four banks

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.

Chinese AI startup Moonshot unveils Kimi K3 Model—Will it challenge OpenAI and Anthropic?

The Chinese startup called its AI model the “new frontier of intelligence.”

Can’t get a piece of OpenAI or Anthropic? There’s a booming secondary market for their swag

You might not be able to get in on the IPO, but you can still get the hoodie. With AI startups like OpenAI and Anthropic in private hands, people are paying $250 for used sweatshirts on eBay to cosplay proximity to Silicon Valley’s money machine.

Anthropic, OpenAI, Google respond to Albanese’s AI announcement

Prime Minister Albanese was emphatic in today’s AI address that Australian writers, musicians, artists and journalists will retain copyright to their works. Here is how Anthropic and OpenAI responded.

Albanese creates Office of AI so Australia can be ‘more than a data warehouse’

“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 […]

OpenAI’s first consumer device will be a smart speaker

The AI companion will mark OpenAI’s first physical device.

Australian startups punch above their weight. Coming from America, I think I know why

Opinion: Australian startups turn modest venture capital funding into global companies more efficiently than anywhere on earth. The reasons are in the dirt and distance, argues partner at Side Stage Ventures, Elli Hanson