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Investing

Sharon AI to turn former paper mill into ‘landmark’ data centre campus

Australian, Nasdaq-listed neocloud Sharon AI is hiring staff and looking to raise capital for a data centre campus in regional New South Wales, to be delivered by a mysterious “affiliated venture.” In September Australian neocloud Sharon AI confirmed it had bought a retired paper mill in Albury, a regional city between Sydney and Melbourne. It […]

  • By Daniel Van Boom
  • Business Journalist

Airtree backs Aussie AI startup after its robotics model beat Alibaba, Mistral

Airtree has pumped $5 million into Adelaide’s Metacognition, bringing the AI startup’s pre-seed round to a huge $15 million.

  • By Daniel Van Boom
  • Business Journalist

Pre-IPO crypto futures are valuing Anthropic at $1.88 trillion

With $4.7 trillion in monthly volume, perpetual futures are the biggest and most active overseas crypto market. After nearly hitting the mark on SpaceX’s IPO price, traders are now weighing in on the Anthropic IPO.

  • By Nina Bambysheva
  • Forbes Staff

AirTrunk secures $4.25 billion loan amid $75 billion Australian data centre splurge

While NextDC reels from a costly delay to a flagship campus, Robin Khuda’s AirTrunk has secured a fresh batch of billions.

  • By Daniel Van Boom
  • Business Journalist

Asides

Anthropic founders can name secret successors

Anthropic’s IPO includes a private line of succession: confidential lists of would-be heirs to its founders’ voting power.

  • By Anna Tong
The top 10 richest people in the world (September 2026)

Ranked: These are the top 10 richest people in the world (October 2026)

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.

  • By Forbes Staff

Inside OpenAI’s plan to protect the internet before hackers break it

Using the latest GPT model, cyber researchers in OpenAI’s Project Daybreak community found one of the most critical internet bugs in recent memory. It’s part of an all-out sprint to secure the web before hackers can deploy similar tools to wreak havoc on modern life.

  • By Thomas Brewster
  • Forbes Staff

Some startups are making millions in months thanks to AI. Most are falling behind.

AI-native startups are growing their annual revenue 240 per cent faster than non-AI peers. But there is evidence AI is concentrating success rather than spreading it.

  • By Daniel Van Boom
  • Business Journalist

AI agents have struck again. How much access should you give them?

Less than a month after it was announced that Medicare was hacked by OpenAI agents, more government platforms have been identified as vulnerable. This time, due to security flaws in PHP websites. Australian experts weigh in on the risks.

  • By Shivaune Field
  • Business Journalist

Moderna stock plunges 25% after possible cancer vaccine data leak

Shares of Moderna plunged 25% on Thursday following a potential leak of Phase 3 clinical trial data for its experimental cancer vaccine, setting off a sharp selloff that comes after Citigroup downgraded Moderna and said its initial positive vaccine results gave it an “unjustifiable” valuation.

  • By Mary Whitfill Roeloffs
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