Just two months after coming out of stealth mode, the Sydney-headquartered company is valued at $30 million. Alumni from Atlassian and Canva founded Index in 2023 and are the first Sydney entrepreneurs to go through the US Y Combinator program.
Elon Musk co-founded OpenAI with Sam Altman and a group of others in the tech realm in 2015, but left in 2018.
Multiple outlets previously reported China had weighed selling TikTok to Musk, though TikTok denied these reports.
Now based in San Francisco, Ivo is tapping into demand from the AI-driven revolution of the legal industry. Australian VC Blackbird contributed to the raise and sees value in the product.
Imagine a world where your business operates autonomously to unlock its full potential, orchestrating decisions, negotiating deals and innovating relentlessly without your constant intervention. It’s not a distant dream, it’s the inevitable reality of the agentic web: a term entrepreneurs, founders, the C-suite and marketers are going to need to become familiar with. Fast.
China has hit back at Australia’s decision to ban DeepSeek from government devices, calling it a politicised move against Chinese technology
The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.
The Microsoft-owned developer platform says the move facilitates organisations in highly regulated industries like banking to store their code in Australia.
Now that the AI clickworker startup Invisible Technologies is wildly successful, its founder and CEO is buying out his VCs – and is borrowing against the company to do so.
Ovum, founded by Dr Ariella Heffernan-Mark, has raised $1.7 million in a pre-seed round to tackle the women’s health market – projected to be worth $121 billion by 2033. Globally, the gender health gap is valued at $1 trillion.