Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.
Opinion: Wages growth is slowing as Australia’s labour market softens, adding to household cost-of-living pressures. But weaker wages could also help bring inflation down faster, opening the door to earlier interest rate cuts, argues Stephen Koukoulas With households facing extended cost-of-living pressures, wages growth is a critical indicator of both the financial strain many Australians […]
A bioethicist and Neal Khosla argue in a new paper that AI-only medical care is the future—and insist it will be better than human physicians.
Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.
Andrew Forrest’s Tenmile and the founders of Go1 have backed a new venture seeking to simplify ADHD assessment and treatment. Seven years ago Zac Altman sold his traveltech startup LoungeBuddy to American Express. Now, following a stint as a VP at the finance giant, Altman has raised $3.5 million in seed funding for a venture […]
Goodman Group’s 500MW Project Atlas campus will be one of Australia’s biggest data centres. The Department of Climate Change, Energy, the Environment and Water is pressing it to explain where it’ll get its power from. Key Takeaways The NSW Government is pushing property giant Goodman Group to support new renewable energy projects to power its […]
Anthropic isn’t the only AI company doing this—but it’s getting the most pushback.
Luke Anear has wanted to change the name of the company he founded for years. Now SafetyCulture has become Mittle as the $2.4 billion startup reshapes itself for the AI era.
Opinion: AI is tearing up the old SaaS rule book and pushing venture capital towards a barbell of mega-bets and tiny cheques. Australia needs to pay close attention, argues Daniel Petre Venture capital, lazily defined, is capital invested into high-risk and hopefully high-return companies that disrupt tired market sectors with genuinely new products. That’s been […]
Mike Cannon-Brookes handed down what could be a landmark earnings report for Atlassian, with the company swinging from a US$24 million loss a year ago to US$139 million of profit. Key Takeaways Key background It has been a tough year for Atlassian investors – before these earnings, its stock was down 40 per cent over […]