This AI startup’s army of 15,000 hackers pressure test Claude, GPT-5 and Gemini
Gray Swan works with every major frontier AI lab. Now it’s raised $40 million as it expands to sell security tools to enterprises building AI agents.
Start-up
Aussie space unicorn scores fresh $14.2m amid SpaceX IPO frenzy
Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.
‘Ranting on LinkedIn won’t fix it’: How Airtree’s Daniel Petre wants to solve the CGT debate
Airtree co-founder Daniel Petre has problems with the Labor Government’s proposed changes to capital gains taxation, but says “screeds” on LinkedIn won’t solve anything.
This $1.3 billion AI startup’s software watches employees as they work
Cofounded in 2019 by former consultant Jennifer Smith, Scribe’s software helps hundreds of thousands of companies record what their employees do so AI agents can take over repetitive tasks in the future.
The Gates Foundation is funding a startup’s plan to fight malnutrition with bacteria
Synthetic microbiomes to treat disease. Sea levels may rise faster than we thought. AI for scientific researchers. All that and more in this week’s edition of The Prototype.
Racist videos and payment problems: The dark side of this AI startup’s super-fast growth
Influencer marketing helped AI video company Higgsfield hit $300 million in annual revenue run rate in just 11 months. But misleading marketing tactics and a shock-based social media strategy has led to backlash.
This startup is racing Duolingo to replace human language tutors with AI
Founded by former Thiel fellows, AI language tutoring app Speak started its journey in Seoul, South Korea. But as it enters the U.S. market, it’ll have to compete with better-known rivals like Duolingo.
This Irish drone startup is aiming for a million deliveries a year
Manna has raised $30 million to fund an ambitious expansion, taking on well-funded competitors like Amazon, Alphabet and unicorn Zipline. It could be first to scale a mass drone delivery operation.
Australian climate-tech start-up Neara bags $45 million
Neara’s Series C round is set to accelerate the company’s global operations as it continues its mission to modernise energy infrastructure.
Australian start-up funding slumps to $695 million across Q3
Deal numbers might be high but the absence of those over $100 million has seen start-up funding tank to Q1 levels after a six-quarter high (in Q2).