AI data centres are set to electrify this $13 billion family’s 76-year-old company
The Richards family is one of America’s richest clans, thanks to its electrical manufacturing company Southwire. Here’s why the AI craze should boost that fortune.
Business
Mako shark-inspired startup hunts down $28m to make aviation more efficient
Armed with microchip-printing tech, Henry Bilinsky is deploying nature’s fastest blueprint to rip through global aviation emissions and leave legacy aerospace giants in his wake.
IREN co-founders score $1.14 billion pay packet amid AI bonanza
The board of Sydney-headquartered IREN approved a four-year stock compensation package for co-CEOs Dan and Will Roberts currently worth over $570 million each. The board of Sydney-headquartered, New York-listed IREN has approved an equity package for co-founders Will and Daniel Roberts valued at US$788 million ($1.14 billion) based on its stock price today. Each brother […]
The 2026 Tech23 cohort has a clear theme: sovereign capability
A new crop of founders is sprouting in Australia, working to innovate solutions for healthcare, space, energy independence, and our natural resources sectors.
Anthropic’s Fable and Mythos models are back
The U.S. government slapped Anthropic with export restrictions days after the Fable 5 model was released to the greater public over cybersecurity safety concerns.
This drone startup bagged BHP, Rio Tinto as customers. Now it’s raised $25m to tackle defence spending boom
Emesent, a drone tech startup spun out of CSIRO, has raised $25 million in a round that includes NGS Super, Hostplus, Main Sequence and the NRF. CSIRO-spinout Emesent has raised $25 million in fresh funding, including $10 million in venture debt from the National Reconstruction Fund, as it aims to jump further into the exploding […]
New ‘payday super’ changes come into effect today. Here’s what you need to know
Employers will be required to pay superannuation monthly as of tomorrow rather than the existing quarterly scheme as the Government attempts to crack down on unpaid super.
Six women shaking up the Australian Quantum scene, you need to know
From CSIRO, to Q-CTRL, to Quantum Australia, here are six standout women changing the face of emerging technology in our nation.
The program that built Nike and H&M’s AI chiefs is coming to Australia
Faculty has for a decade run a highly-sought after Fellowship program turning STEM academics into AI workers. It’s now launched in Australia, its first foray outside of the UK.
These 32 Australian companies made Forbes’ Global 2000 list
Australia’s banking giants once again dominated Forbes’ Global 2000, with Commonwealth Bank leading a group of 32 national companies recognised among the world’s largest publicly listed businesses.