A hot new AI agent called Instinct was valued at $500 million earlier in August, sources say. Now it’s raising a new round at a $2.5 billion valuation from Benchmark and Index.
Anthropic is expected to make an initial public offering as soon as October, with reports indicating its valuation could range between $1 trillion and $2 trillion.
Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.
Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.
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.
Millions of physical books are being scanned to train AI models. They’re then dumped in the trash.
Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.
As AI makes high-quality content easier to produce, credibility is becoming harder to earn. Nosworthy Group founder Phill Nosworthy argues leaders will need to rely less on volume and polish, and more on judgement, presence and trust. For the past decade, we have optimised for the metrics and algorithms of the attention economy: more volume, […]
Anthropic isn’t the only AI company doing this—but it’s getting the most pushback.
The chip designer’s stock briefly fell more than 3% following a report it was partnering with Wall Street giants like BlackRock on the deal.