Meta shares spike after tech giant launches Muse Spark – Its AI bid against OpenAI
Meta’s first large language model under AI chief Alexandr Wang rolled out Wednesday, to eventually reach Instagram and Facebook.
Business
Sydney uni dropout behind $432M startup teams up with Beckham to outsmart aging
An Australian law school dropout is leveraging a $43 million Series A round, and an alignment with David Beckham’s supplement company, to scale preventative longevity.
Abu Dhabi’s hidden stake in one of venture capital’s biggest players
A workplace lawsuit has opened the lid on the little-known ownership structure of Insight Partners, an investor in OpenAI and Anthropic: It is now partially owned by the government of Abu Dhabi.
Inside the Anthropic x Australia alliance: What the $550 billion AI giant wants from Canberra
As global AI giants face increasing friction in Washington and Brussels, Anthropic CEO Dario Amodei has landed in Canberra with a strategic “Plan B.” For Canberra, it is a play for sovereign capability; for Amodei, it is a bid to prove that responsible AI is viable national infrastructure.
The top 10 richest people in the world (April 2026)
The gap between the planet’s two wealthiest people has never been larger heading into the New Year.
Billionaire Jack Dorsey thinks AI will kill middle management
Billionaire Jack Dorsey says AI could replace middle managers. After cutting 4,000 jobs at Block, he may already be putting that idea to work.
OpenAI valuation reaches $852 billion after massive funding round
The record-breaking funding round comes as the AI company reportedly lays the groundwork for going public.
Inside the race to sell OnlyFans
OnlyFans has been a money-printing machine for its secretive billionaire owner Leonid Radvinsky. Investors were puzzled by an obscure debt fund’s pitch to buy him out, until they learned of his terminal cancer diagnosis.
The Melbourne doctor who built a $660m health AI company just launched hardware
Leveraging Point72 and Blackbird’s backing, Melbourne-founded Heidi evolves its AI-driven health solutions.
Meet the AI company food conglomerates call when they want to future-proof their products
Backed by Jeff Bezos, Danny Meyer and other savvy investors, Matias Muchnick’s NotCo has created alternatives for Coca-Cola, Kraft Heinz, Ferrero and more food giants. And the appetite for change is only growing.