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. Subscribe to Forbes Australia for full access to this and all articles today Subscribe Already a subscriber? Sign In
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 […]
The Melbourne-headquartered battery automation company was boosted by 1GT, Morgan Stanley’s climate tech fund, alongside Innovation Victoria, E.ON., and the UK’s ETF Partners.
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.
Metacognition AI raised $10 million from Main Sequence in a round ten times the size of Australia’s pre-seed average.
As it reshapes its core creativity products around AI, Canva is also hoping more prosaic productivity features can drive subscriptions.
As business leaders navigate the early stages of AI integration, some argue that delegating to machines could elevate our economic worth.
Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.
Labor tech lieutenant Andrew Charlton will on Tuesday warn data centres alone will not enable Australia to capture enough economic value from AI.
Luke Anear has wanted to change the name of the company he founded for years. Now SafetyCulture has become Mittle as the $2.4 billion startup reshapes itself for the AI era.