AI

The “AI factory” developer, founded by Oliver Curtis and Tim Rosenfield, attempted to hit the ASX later this month with a market value of over $40 billion. Investors balked.

Richard Ho, who helped create Google’s first TPU chip, also built OpenAI’s semiconductor unit from scratch. Now he’s grappling with deploying the first chips, doomerism and “competing among friends” with Nvidia.

Q3 was the biggest fundraising quarter on record for the Australian startup sector. However, 69 per cent of funds went to Firmus.

Anthropic paused free Claude Team and API credit offers for startups just days after launching the expanded program, triggering backlash from users.

Nvidia and Oracle stock fell on Thursday afternoon after a report that OpenAI’s annualized revenue as of September was around $20 billion lower than prior estimates.

The Australian VC finalised two funds, one for early-stage investments and another for bigger bets, totalling over $1 billion.

Figure’s robots are still in pilots. Its valuation hit $39B. Brett Adcock’s partners keep correcting his claims

Sufferers of complex, chronic diseases like POTS and long COVID often spend years searching for relief. The longtime tech exec started ChronicleBio to find treatments using AI and lots of biological data.

The AI giant told a parliamentary enquiry that it is finalising an arrangement for Australian safety researchers to evaluate its latest and greatest (and most threatening) models.

Altman said unlike rival Anthropic, his company believes in a “lighter-touch regulatory stance” on AI and that it will be used for more “good stuff than bad stuff.”