Harrison.ai founders Aengus and Dimitry Tran say their $789 million startup is reorganising to prepare for a commercialisation drive at home and abroad – but that R&D remains in Australia. Harrison.ai cut 15 per cent of its workforce earlier this year in a restructure founders Aengus and Dimitry Tran say will allow it to put […]
In a “Meet the Press” interview that aired on Sunday, the billionaire Microsoft co-founder said he hoped to meet with Trump about AI regulation.
Oracle’s stock price plummeted over 4% on Thursday, erasing billions in value after Bloomberg first reported the company sent a “force majeure” notice to the developer of a massive data center in New Mexico, a legal move to attempt to shield itself from having to make payments should the project fail.
After nearly two decades building toy giant Zuru, Anna Mowbray is betting AI can disrupt recruitment. Her startup Zeil is now targeting Australia as the first step in a global expansion. Zuru cofounder and New Zealand rich lister Anna Mowbray is bringing her AI-powered recruitment platform to Australia, where she hopes will rival recruitment giants […]
The startup, which Blackbird said is its fastest growing investment ever, has hit $50 million in annualised revenue and is now moving to agentic healthcare. Key Takeaways AI healthcare startup Heidi has become Australia’s fourth unicorn of 2026, raising capital at a $1.26 billion valuation as it looks to hit break-even territory on its breakneck […]
Oura is taking its smart-ring business public, seeking to raise up to $2.2 billion by offering 50 million shares at $40 to $44 apiece after reporting 74% year-over-year revenue growth.
Nike shares dipped slightly early Monday morning after a rough weekend, including an apology for a Converse ad that critics said evoked racist imagery and the loss of one of its biggest advertising stars, though its stock price is still down from last week.
In experiments by startup Irregular, one of Anthropic and OpenAI’s security testers, an Alibaba Qwen agent decided to retrain an entire model when it was asked to fix a basic software bug. The new behavior adds to concerns about AI models’ unpredictability.
T. Rowe Price and Franklin Templeton, which each manage trillions in assets, bought into Canva at a US$40 billion valuation in 2021. Canva is preparing a foundation model it hopes will help reverse the trend.
After two of its portfolio companies became unicorns this year, Main Sequence hopes to raise $400 million for its fourth fund by the end of 2026. Main Sequence has hit the market to raise its fourth fund, with the deep tech VC hoping to secure $400 million to finance a new generation of bets in […]