Atlassian CEO Mike Cannon-Brookes announcing the new deal with DX.

Atlassian’s AI spending spree continues with $1.5 billion DX deal

Atlassian has made its second billion-dollar AI acquisition in less than a month, announcing a US$1 billion (AU$1.54bn) deal to acquire DX, a Salt Lake City-based startup that helps engineering teams measure the real-world impact of AI on productivity. The acquisition, expected to close in Q2 FY26, is being paid for with a mix of cash and restricted stock.

Springboards CTO Kieran Browne with founders Amy Tucker and Pip Bingemann. Image: Springboards

21 Aussie startups will pitch it out at SXSW Sydney

The grand finale of the pitch competition will be judged by VCs Bill Tai and Kim Jackson, and founders Lars Rasmussen and Lucy Guo. Twenty-one of Australia’s most innovative startups will take to the SXSW Sydney stage to pitch their companies next month. Thirteen of them are from NSW, five are based in Victoria, and […]