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Business

OpenAI investors Nvidia and Oracle fall after AI giant misses revenue target: reports

One executive told employees that OpenAI may be unable to fund future computing contracts.

  • By Ty Roush
  • Forbes Staff
Theo Hourmouzis is joining Anthropic as General Manager of Australia and New Zealand

Anthropic taps tech veteran to head new Sydney HQ

The AI giant behind Claude has appointed Theo Hourmouzis as General Manager for Australia and New Zealand and confirmed the opening of its Sydney office, as the company expands its enterprise and government footprint in the region.

  • By Samuel Hussey
  • Head of News & Life
Robin Khuda. Image: Forbes Australia

Billionaire Robin Khuda’s AirTrunk expands in India with Lumina CloudInfra deal

Data centre investments are surging in India, fuelled by rapid growth in AI and cloud computing. The country’s capacity is expected to rise more than fivefold to 10 gigawatts by 2030 from about 1.5 gigawatts last year, according to consulting firm Deloitte.

  • By Yessar Rosendar
Apple's next CEO, John Ternus. Image: Getty

Who is John Ternus? The man set to replace Tim Cook as Apple CEO

Cook has been Apple’s CEO for nearly 15 years.

  • By Antonio Pequeño IV

Asides

‘Before Canva was Canva’: Mel Perkins on the original vision now shipping at scale

From newsrooms to meeting rooms to boardrooms, the shift to agentic workflows is letting leaders focus on the story instead of the process. Perkins says she has been building towards this moment since before Canva was Canva.

  • By Shivaune Field
  • Business Journalist

Inside the pawn shop for the ultra-rich

From rare Rolexes and Birkin bags to multimillion-dollar art collections, wealthy borrowers are unlocking quick cash from luxury assets—skipping banks and paperwork in favor of speed and discretion.

  • By Sergei Klebnikov
  • Forbes Staff

The AI 50 Brink List

Meet the early-stage startups racing to define the future of artificial intelligence.

  • By Sofia Chierchio
Megan Gale. Image: Supplied

The marathon mindset: Inside Megan Gale’s blueprint for long-term resilience

From Italy’s high-velocity fame to Australia’s longest-running fashion contract, Megan Gale reveals why she shifted from modelling sprints to intentional longevity.

  • By Shivaune Field
  • Business Journalist

Shoemaker Allbirds suddenly says it’s an AI company… stock jumps 800%

The former shoemaker said it would pivot and rebrand itself “NewBird AI.”

  • By Zachary Folk

The five women named ‘Forbes Greatest Self-Made Americans’

The Forbes Greatest Self-Made Americans list ranks rags-to-riches billionaires, as well as those who are “wealthy” in influence and impact.

  • By Shivaune Field
  • Business Journalist
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