The South Australian startup supporting new space drugs scores $25m round
Amid a bonanza of retail hype around space tech, South Australia’s Southern Launch has raised $25 million – including $10 million from the National Reconstruction Fund.
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These 32 Australian companies made Forbes’ Global 2000 list
Australia’s banking giants once again dominated Forbes’ Global 2000, with Commonwealth Bank leading a group of 32 national companies recognised among the world’s largest publicly listed businesses.
OpenAI considers delaying IPO to 2027 after SpaceX’s rocky debut: reports
The trillion-dollar public debut had initially been planned for late 2026.
Apple’s 5% stock plunge erases $275 billion after MacBook and iPad price hikes
The cheapest MacBook Pro now starts at $2,000.
Bitcoin hits 21-month low as expiring Crypto bets threaten more selling
The world’s leading cryptocurrency has lost more than half its value since peaking last fall.
Blackbird’s $200m punt on this AI startup is its biggest investment ever
Blackbird invested over $200 million in Californian startup Baseten’s Series F, backing the AI infrastructure startup’s plan to drastically reduce the cost of AI deployment.
Getty Images shares soar more than 120% after it announces deal with OpenAI
It is unclear if the deal will allow OpenAI to train its image generation models using Getty’s vast library of editorial and stock images.
SpaceX stock plunge wipes out $600 billion after Cursor deal spooks investors
Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft.
Australian billionaires’ Sigma Healthcare walks away from U.K’s. Boots $10 billion deal
Sigma Healthcare has been seeking to expand in the U.K. and had last month partnered with British pharmacy chain Greenlight Healthcare to rollout Chemist Warehouse-branded stores in London.
‘The future’: What sparked Gina Rinehart’s billion-dollar SpaceX investment
Australia’s richest person joins forces with the world’s richest to leverage local critical mineral assets and strengthen the Australia/US relationship. They will both potentially make billions more in the process.