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Entrepreneurs

Atlassian warns more AI use will not magically lift productivity

Fortune 500 companies are embracing AI, but few can measure a tangible return. Atlassian’s chief people and AI enablement officer says widespread adoption means little unless businesses redesign the processes around it. The executive in charge of Atlassian’s internal AI tooling says the world’s biggest companies are struggling to see productivity gains from AI, and […]

  • By Daniel Van Boom
  • Business Journalist

When AI succeeds at the wrong goal: The lesson from OpenAI’s rogue agent

Recent news of OpenAI models autonomously breaching Hugging Face servers serves as a cautionary tale rooted in a two-decade-old AI paradox.

  • By Shivaune Field
  • Business Journalist

AI made founding a startup easier than ever – but VC data shows funding is getting harder

It is true that AI has made creating a software startup easier, but data from Cut Through Venture indicates getting funding may be another story.

  • By Daniel Van Boom
  • Business Journalist

Xero’s CTO resigns in second leadership departure this month

Rick Carragher will leave Xero in early August after serving 16 months as chief technology officer, employees were told on Wednesday.

  • By Daniel Van Boom
  • Business Journalist

Asides

Wendy McCarthy’s quiet campaign to fund next-gen rebel women

Bypassing traditional tax-effective frameworks, the trailblazing advocate is deploying her private wealth to fund a new breed of cultural architects.

  • By Shivaune Field
  • Business Journalist

The UK’s $100 billion fintech disruptor takes aim at Australia’s big four banks

Revolut, a UK fintech last valued at US$75 billion ($104 billion), has been approved to operate banking services in Australia. It plans to spend “nearly” $400 million to win over the local market.

  • By Daniel Van Boom
  • Business Journalist

Xero executive quietly departs amid SaaSpocalypse slump

Xero’s chief people officer, charged with driving the company’s “performance-driven culture”, departed the ASX accounting giant earlier this month.

  • By Daniel Van Boom
  • Business Journalist
Sharon AI co-founder and chief executive James Manning. Image: Supplied

Australia doesn’t need copyright change to win data centre billions, AI boss says

Copyright law has become the central flashpoint of Australia’s AI and data centre policy. Sharon AI chief executive James Manning says no changes are needed.

  • By Daniel Van Boom
  • Business Journalist

Why building a bison mentality is key to accelerating workforce productivity

Stalled decision-making, perfectionism, withheld innovation, and wasted cognitive energy are quietly tanking corporate productivity. Dr. Shade Zohrai outlines a framework to help teams build the internal authority required to face disruption head-on.

  • By Shivaune Field
  • Business Journalist

Xero gives ‘low performers’ 30-day ultimatum amid CEO pay push

Xero has amped up performance management of staff, offering underperformers the option for immediate severance, amid AI’s disruption of the SaaS market.

  • By Daniel Van Boom
  • Business Journalist
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