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.
The iPhone maker is once again the world’s largest company by market value.
In an interview with Forbes, the design software giant’s CEO Melanie Perkins discusses her and husband Cliff Obrecht’s latest philanthropic initiative.
You might not be able to get in on the IPO, but you can still get the hoodie. With AI startups like OpenAI and Anthropic in private hands, people are paying $250 for used sweatshirts on eBay to cosplay proximity to Silicon Valley’s money machine.
Prime Minister Albanese was emphatic in today’s AI address that Australian writers, musicians, artists and journalists will retain copyright to their works. Here is how Anthropic and OpenAI responded.
The AI companion will mark OpenAI’s first physical device.
“What played out was worse than our expectations,” CEO Arvind Krishna warned investors.
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.
Opinion: As AI hits an infrastructure wall, quantum technologies could help Australia seize its next big tech opportunity, argues Petra Andrén.
Shares of both companies have fallen at least 8% since the start of the year.