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Technology

Asides

Startmate at Sunrise: Demo Day unveils 10 promising new startups

Startmate has invested in 230+ startups worth $3.5 billion since its inception in 2011. Here are the 10 companies to graduate from the 2024 cohort, now pushing forward into the Australian entrepreneurship eco-system.

  • By Shivaune Field
  • Business Journalist

Only 8% of Australians are using ChatGPT daily – here’s why

Only 8% of Australians use ChatGPT daily, much less than the global average. 78% of Australians distrust news written entirely by generative AI. We dig into the data.

  • By Shivaune Field
  • Business Journalist

Tesla fires supercharger team—Musk says network will grow at ‘slower pace’

Elon Musk internally announced that about 500 people, or the entire team that works on superchargers for Tesla, were being let go this week, according to The Financial Times.

  • By Molly Bohannon

Qantas ‘urgently working’ on potential app breach

Qantas says it’s working to resolve an issue impacting its app, after reports surfaced of a potential privacy breach.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Airwallex launches startup program – with $100k in perks on offer

Australian fintech company Airwallex is launching a program for local startups to boost their growth, with grants and perks on offer.

  • By Anastasia Santoreneos
  • Journalist & List Editor

PsiQuantum bags $1 billion to build ‘world’s first useful’ quantum computer in Australia

The Australian and Queensland governments are investing $940 million to bring the quantum computer to fruition. The technology is billed as capable of propelling the global economy forward for decades.

  • By Shivaune Field
  • Business Journalist

Bonza in voluntary administration hours after cancelling all its flights

Budget airline Bonza Aviation, which launched in January 2023, has temporarily suspended its services.

  • By Anastasia Santoreneos
  • Journalist & List Editor

Elon Musk says Tesla’s humanoid Optimus robot could launch next year – here’s what experts think

Tesla could start selling its humanoid Optimus robot by the end of next year and one day will rake in more cash from robots than cars, CEO Elon Musk told investors on Tuesday, another ambitious claim from the billionaire that experts said might just be within the realm of possibility—though is highly unlikely to make the carmaker any money in the near future.

  • By Robert Hart
  • Forbes Staff

Microsoft, Amazon, Nvidia and Alphabet lead tech stock surge to two-month high

Tech stocks on Wall Street defied sticky inflation Friday to post their biggest gain in more than two months—easing market anxiety about a slowdown in economic activities—after blockbuster first-quarter earnings and continued betting on artificial intelligence fired up the valuations of major companies.

  • By Segun Olakoyenikan

Atlassian co-founder Scott Farquhar steps down as co-CEO

The fifth richest man in Australia is taking leave from the company he co-founded in 2002. Scott Farquhar announced his last day as Atlassian co-CEO will be August 31. The NASDAQ-traded company is valued at $78 billion.

  • By Shivaune Field
  • Business Journalist
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