Business

Shares of both companies have fallen at least 8% since the start of the year.

Claude is being used in Australia six times more than Daniela and Dario Amodei expected it to be. Now, the sibling co-founders want the “values overlap” to extend to physical infrastructure.

Telstra’s mobile services are unavailable for thousands of customers across Australia. The company says it’s aware of the problem and is working to fix it. Key Takeaways Crucial Quote   “The issue is impacting a number of nodes within our network that keep time across the mobile network, and when these nodes are not operating as expected, […]

Brandon Capital led cancer therapeutics startup Myricx Bio’s $8.5m seed round in 2019. Now Novartis is buying it for up to $2.16 billion. One of Australia’s longest tenured VC firms will soon enjoy its best ever return on a single investment following Novartis’ US$1.1 billion ($1.58 billion) acquisition of London biotech startup Myricx Bio. Melbourne-headquartered […]

The AI juggernaut is all-in on the healthcare industry, launching three new products in the last six months. But it needs to make sure ChatGPT is accurate enough for the millions of people who already use it for health advice.

After forging deals with Lululemon and LSKD for its recycled fabrics, Samsara Eco is looking to develop a means of extracting and reusing rare earth metals.

Buying busted apps made Bending Spoons’s four cofounders billionaires. Now their stakes have collectively jumped to $8.9 billion after the Milan-based startup scrap yard listed on Nasdaq at an $18.4 billion valuation.

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.

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.

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 […]