Investing

In a regulatory filing in South Korea, Samsung announced it has secured a $16.5 billion multi-year deal to make chips for a “big global company.”

WiseTech Global has appointed Zubin Appoo as its new chief executive officer, replacing interim CEO Andrew Cartledge, who stepped into the role in the wake of a string of controversies surrounding co-founder Richard White.

Blackstone is partnering with Wellington and Vanguard to bring private assets to the masses. Main Street investors could benefit, so long as they know the risks.

Founded six months ago, Source is led by 18-year-old wunderkid Liam Fuller. Square Peg led the raise when Fuller was 17, making him the youngest founder in the portfolio. Ten13 VC and Aussie angels have written checks too.

From femtech to sports team ownership, two women venture capitalists prove that backing overlooked markets is good business.

In just six months, Australian tech firms have raised more funding than they did throughout all of 2024. Late-stage raises are driving the investment, while early and seed-stage have dropped sharply from last year.

The House took a record nine hours to vote to advance the legislation Wednesday as Republican leaders negotiated with conservative holdouts who blocked the trio of bills.

The digital assistant will be capable of completing web-based tasks like updating spreadsheets, purchasing ingredients or submitting expenses, according to OpenAI.

Australian founder and VC Paul Bassat’s Square Peg Capital is backing Murati’s record-breaking AI startup that aims to ‘advance collaborative general intelligence.’

The company previously forecast a $5.5 billion hit to sales after the U.S. imposed restrictions on its H20 AI chips.