Investing

Titans of finance including Baillie Gifford and T. Rowe Price have backed Airwallex in the startup’s US$320 million Series H, which values the Australian-born startup at $16 billion.

The cheapest MacBook Pro now starts at $2,000.

The world’s leading cryptocurrency has lost more than half its value since peaking last fall.

Blackbird invested over $200 million in Californian startup Baseten’s Series F, backing the AI infrastructure startup’s plan to drastically reduce the cost of AI deployment.

The AI-native ecosystem grew 969 per cent between 2021 and 2025, according to Startup Genome’s new global report. Last year, almost 90 per cent of funding went to North American AI-native firms, predominantly in Silicon Valley and New York. Here’s where Australia’s innovation centres are placed.

It is unclear if the deal will allow OpenAI to train its image generation models using Getty’s vast library of editorial and stock images.

Immutable is pivoting from Web3 gaming to AI marketing tech aimed at traditional game publishers. After cutting nearly 30 roles, its co-founder says the company still has 10 years of runway following its mega raise in 2022.

Elon Musk’s rocket firm pulled back from a rally that pushed its market value ahead of Amazon and Microsoft.

On Thursday the Albanese Government amended its controversial capital gains tax proposal by allowing startups that qualify as ‘innovative businesses’ to retain the existing 50 per cent discount. Key Takeaways The Albanese Government on Thursday announced plans to offer capital gains tax concessions to the startup sector that will give certain founders, employees and investors […]

Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.