Business

Will Scully-Power has for the past two been investing in Australian space startups. Now he’s looking to launch a VC fund.

A former OpenAI researcher of nearly a decade suggested the AI industry has not addressed the potential problem of “rogue AIs” for “reasons that are largely psychological.”

As it reshapes its core creativity products around AI, Canva is also hoping more prosaic productivity features can drive subscriptions.

A little-known company called Fluidstack has become a test bed for Google’s plans to push its own AI chip. That’s helped it hit a $18 billion valuation and minted its founders as new billionaires.

Around $60 million in taxpayer funds has been deployed by Brandon Capital to startups working on cancer cures, infection prevention, fibrosis treatment and more. Brandon Capital has deployed around $60 million of National Reconstruction Fund capital across 10 biotech startups over the past year, championing the NRF as helping to keep promising technology in the […]

Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.

Uber’s stock price rose slightly after the announcement on Wednesday.

Twenty three year-old Spencer Mateega pivoted his YC startup into the fastest unicorn in the accelerator’s history, fueling AI’s shift toward human reasoning data.

There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.

Two proposed amendments to superannuation will be a boon for the startup sector, predicts King River Capital.