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Nick Mowbray on stage at the Forbes Australia Business Summit, presented by Salesforce. Image: Forbes Australia

The golden rule driving Nick Mowbray’s multibillion-dollar Zuru empire

Nick Mowbray still describes ZURU’s early years in three words: eat, survive, repeat.

  • By Samuel Hussey
  • Head of News & Life

The $8 billion lesson from Australia’s longest-running tech incubator

As tech incubator Cicada Innovations marks its 25th anniversary, new CEO Liza Noonan reflects on how a $20 million initial public investment helped generate more than $8 billion in economic value, and why long-term commitment remains critical to building Australia’s sovereign deep tech future.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Why Sam Altman won’t be on the hook for OpenAI’s massive spending spree

OpenAI has gone wild with compute deals this year, committing to spend far more than its balance sheet can currently sustain. So who takes the fall if it can’t pay? It won’t be Altman.

  • By Rashi Shrivastava

Meet the Queenslander named a Forbes Power Businesswoman

Amanda Lacaze has been at the helm of ASX-traded Lynas Rare Earths for a decade. The stock shot up 120% over the last year, amid China/U.S. trade tensions. Now, Lacaze is spearheading the capacity, certainty, and speed of the Australian/U.S. rare earth supply chain.

  • By Shivaune Field
  • Business Journalist

Forbes Asia’s Power Businesswomen 2025

This year’s Asia’s Power Businesswomen list highlights 20 accomplished leaders at the forefront of the fast-evolving business landscape.

  • By Rana Wehbe Watson
With a new $10 billion valuation for their AI recruiting startup Mercor, the founders have become the youngest self-made billionaires ever.

The world’s youngest self-made billionaires are a trio of 22-year-old AI founders

With a new $10 billion valuation for their AI recruiting startup Mercor, the founders are the youngest tech billionaires ever.

  • By Richard Nieva

Human Health raises $8.5 million to fix broken healthcare systems

With more than 200,000 patients worldwide logging health actions on the Human Health platform, co-founders Georgia Vidler and Kate Lambridis say they’re ready for the company’s next phase of global growth.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Uluu raises $16 million to scale seaweed solution

Backed by $16 million in Series A funding, Australian startup Uluu is scaling its seaweed-based plastic alternative from lab to industry, aiming to disrupt the $700 billion global plastics industry.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Nvidia becomes first company worth $5 trillion

The company, worth $10 billion a decade ago, has reached record milestones driven by growing AI demand.

  • By Ty Roush
  • Forbes Staff
Inside the global tech network linking Canva, Zoom & Google Maps

Inside the ‘human web’ connecting the minds behind Google Maps, Zoom and Canva

Lars Rasmussen and Bill Tai are the brains behind some of the most ubiquitous tech in the world. Now, they are funding entrepreneurs to follow in their footsteps. On stage at SXSW Sydney, they revealed that achieving spectacular outcomes like Google Maps, Zoom, and Canva takes immense grit, and the propagating power of a ‘human web.’

  • By Shivaune Field
  • Business Journalist
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