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Forbes 200 Best Under a Billion: IDP Education CEO Tennealle O’Shannessy

Forbes released its list of the 200 Best companies currently valued under a Billion. Of 18 Australian companies on the list, just one is led by a woman. Meet the CEO at the helm of an innovative Melbourne-headquartered education firm.

  • By Shivaune Field
  • Business Journalist
David Reilly Microsoft Quantum computing

It’s not you, it’s me: Sydney quantum lab’s break up with Microsoft

David Reilly worried that breaking up with Microsoft had thrown his Sydney-based quantum computing team’s future into peril… Then the phone started ringing.  

  • By Mark Whittaker
  • Forbes Staff

The AI chip boom saved this tiny startup. Now worth $2.8 billion, it’s taking on Nvidia

Now worth $2.8 billion, Groq thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for AI from scratch.

  • By Richard Nieva

Elon Musk revives lawsuit against OpenAI and CEO Sam Altman

Musk withdrew an original lawsuit earlier this year, after claiming OpenAI and its founders were developing AI to “maximize profits” instead of benefiting humanity.

  • By Ty Roush
  • Forbes Staff

Generative AI has its sights set on advertising, film, and TV – so what next?

Can Generative AI be used to create an actual advertising film from scratch? 

  • By Lucio Ribeiro - Contributor

Australian VCs bet big on ‘trillion-dollar’ fusion energy market

Australian venture capital firm Foxglove Capital says fusion energy is the “ultimate energy source” – and its backed US fusion energy company Type One to prove it.

  • By Anastasia Santoreneos
  • Forbes Staff

How to reinvent your business model and thrive: PWC Outlook

Research from PWC reveals that media and entertainment companies can grow revenue 13x by reinventing their business models. This is what audiences, media buyers and advertisers are looking for over the next four years.

  • By Shivaune Field
  • Business Journalist

Block to face ‘disruptive’ internal overhaul, founder Jack Dorsey warns staff

Fintech company Block is set to overhaul its internal reporting structure, founder and CEO, Jack Dorsey, told staff in an internal memo.

  • By Anastasia Santoreneos
  • Forbes Staff

Decades in the making: BiVACOR implants first in-human artificial heart

The Australian designed maglev heart, the BiVACOR – which promises to be the world’s first permanent artificial heart replacement – will be spinning in Australian chests as early as this year.

  • By Mark Whittaker
  • Forbes Staff
PsiQuantum

Chicago to get PsiQuantum’s second computer

Fresh from a controversial $940-million deal with Australian taxpayers to attempt the world’s first useful quantum computer in Brisbane, PsiQuantum has inked a deal to build its second one in Chicago.

  • By Mark Whittaker
  • Forbes Staff
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