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AI

The Australian influencer couple seeking 7-figure cheque to turn AI ‘pink’

High-school-sweethearts-turned-startup-founders Scarlett Frazer and Iestyn Thomas are headed to Silicon Valley to raise funds in a bid to prove the future of AI is feminine.

  • By Anastasia Santoreneos
  • Journalist & List Editor

This startup is racing Duolingo to replace human language tutors with AI

Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.

  • By Rashi Shrivastava
Nick Mowbray on stage at the Forbes Australia Business Summit, presented by Salesforce. Image: Forbes Australia

The golden rule driving Nick Mowbray’s multibillion-dollar Zuru empire

Nick Mowbray still describes ZURU’s early years in three words: eat, survive, repeat.

  • By Samuel Hussey
  • Head of News & Life

Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree

OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.

  • By Rashi Shrivastava

Asides

Threads passes X in key monthly metric for first time in Zuckerberg vs. Musk battle

Threads surpassed X in daily active users on mobile devices worldwide for the first time by a razor-thin margin late September, though now Threads has since extended its lead by millions of users.

  • By Conor Murray
  • Forbes Staff
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders have become the youngest self-made billionaires ever.

The world’s youngest self-made billionaires are a trio of 22-year-old AI founders

With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires ever.

  • By Richard Nieva

Meta laying off about 600 staff at AI Superintelligence Labs—Here’s what’s impacted

The layoffs will reportedly not impact the company’s division developing next-generation AI models.

  • By Zachary Folk

Australian start-up funding rebounds to over $1 billion across Q3

Despite a continued drought of mega-deals, Australia’s venture funding climbed back to the billion-dollar mark in Q3, driven by a surge in accelerator activity and heightened investor appetite for deep-tech and AI-focused companies.

  • By James McCreery

Why Australia must build its own GenAI storytelling culture

When Sundance vaulted indie filmmakers into the spotlight in the late 1980s, it reshaped cinema and the business around it.

  • By Lucio Ribeiro - Contributor

AMD shares surge 30% after multibillion-dollar deal with OpenAI

OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.

  • By Siladitya Ray
  • Forbes Staff
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