AI

As the world races to take advantage of a once-in-a-generation technology shift, Australian SMBs are at a significant risk of being left behind.

Shares of Super Micro Computer nosedived Friday as an analyst threw some cold water on the U.S.’ hottest stock, but shares of the company viewed as among the top pure artificial intelligence plays remain up an eye-popping level.

Generative AI has already been one of the most talked about technologies in the world of work as it will change how we work. On LinkedIn, we are seeing a 70% global increase in conversations about AI between December 2022 and September 2023 which shows the appetite for this technology.

Brilliant Labs does not suffer from a lack of ambition. This three-person startup is aiming to outmaneuver the giants of Silicon Valley in its quest to develop augmented reality glasses for the masses. A tall order? Yes. But Brilliant Labs has the backing of some big-name investors, so don’t write them off just yet.

Generative AI saw explosive growth in popularity and use in 2023, with changes at the speed of light making it hard to keep up with all the news.

The world’s largest maker of smartphones projected a 35% year-over-year fall in fourth-quarter operating profit on Tuesday. Demand for consumer electronics is weak, crimped by high inflation.

An Australian AI start-up helping businesses develop their own team of AI agents has raised $15 million to scale globally.

“You won’t lose your job to AI, but you will lose your job to someone who knows AI.”

An Australian generative AI content production platform, Leonardo.Ai, has already amassed 7 million global users – who are creating 4.5 million images each day on its platform. Now, it’s raised $47 million to keep users creating.

The Series B round led by Spark Capital values 5-year old Abridge, which is used by 5,000 doctors, at $200 million. But it’s up against Nuance, which Microsoft bought for $18.8 billion and is used by half a million doctors.