Technology

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.

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

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.’

Ryan Foutty articulated Perplexity’s vision for the digital economy at SXSW Sydney. The economic structure of the internet is fundamentally realigning to prioritise quality, brand, and user efficiency over click revenue, he says

Sitting atop the Ritz-Carlton in Melbourne, Bill Fairies co-founders Jenny Ghabrial and Sophia Symeou explain how a moment of financial struggle led to a bootstrapped tech company that turns gift-giving into practical financial support.

Opinion: Two per cent of global funding goes to women-only teams. Brittany Fox is an outlier, having raised a $1.2m seed round for her startup Neevam last month. Here’s why she still believes the fundraising journey is broken.

The surge in shares was fueled by the iPhone 17 outselling the iPhone 16 in China and the U.S., according to a report from Counterpoint Research.

The founders of Leonardo.AI and Active Hotels chipped in on the raise, which will help to launch up to 4 new ventures a year.

If organisations and governments don’t prepare for coming changes, we risk AI giving us more time but less belonging, leaving societies lonelier, less trusting, and less resilient, writes Greta Bradman.

Artificial intelligence products are launching at a rapid pace as the sector’s largest companies battle for supremacy and secure increasingly large valuations worth hundreds of billions of dollars.