Technology

Apple and Nvidia are reportedly in discussions to join a major funding round for OpenAI. The new round of investment could push the ChatGPT-maker’s valuation above US$100 billion.

Nvidia shares are up more than 150% on the year amid a demand surge for its AI-powering chips.

Australia’s national carrier Qantas has seen its statutory profits after tax take a near-30% hit, which the airline says is due to moderating fare prices.

What stage are the 25 most disruptive technologies at, and when will they become reality? Gartner’s annual Emerging Technology Hype Cycle reveals what is on the frontier, and what has reached the peak of inflated expectations.

While 74% of companies are seeing positive returns, Vice President of Global Generative AI Go-To-Market for Google Cloud Oliver Parker says C-level buy-in boosts them.

The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.

Ten-year-old startup Andela, valued at $1.5 billion, expects to grow its tech contractor marketplace by 15% this year.

Cursor’s AI code editing and autocompletion tools have gained popularity among engineers at leading AI startups like OpenAI and Midjourney.

Netflix’s recovery came as other media empires flailed, with shares of Disney, Paramount and Warner Bros. Discovery each more than 50% below their 2021 peaks.

Eight new or new-to-Victoria venture capital firms have received $300,000 from LaunchVic. The goal is for the VCs to turn that $2.4 million into $300 million in funding for Victorian startups and founders.