Founded in December 2022, Leonardo.Ai has over 19 million users and its very own foundation AI model.
Daniel Van Boom
Technology correspondent
Daniel joined Capital Brief after eight years at CNET. He is an award-winning journalist who's covered issues across Big Tech, cryptocurrencies, cybersecurity and artificial intelligence.
Contact Daniel via email.
Filings show that the company has appointed a lobbyist in Australia amid increased scrutiny of AI by the ACCC and the Attorney-General’s office.
The Commonwealth and Queensland government's invested $940 million in PsiQuantum in May. Now, the startup has struck a deal to build a quantum computer in Chicago.
Up is on track to hit 1 million customers in October, just in time for its sixth birthday.
Treasury is expected to release a draft of its Digital Asset Platforms legislation by the end of the year, and the local industry is getting ready.
Mark Zuckerberg taking the fight to OpenAI and Google by pouring billions into Meta's open-source AI models shows his recent transformation is about more than improving his fashion sense.
It is increasingly common for millions of computers to be sharing the same software. That can put global infrastructure at risk.
Tech leaders like Elon Musk and Marc Andreessen are bucking the industry's liberalism and putting their wallets and their words behind the former president.
It's accepted that startup employees can lose their equity if they fall afoul of bad leaver clauses or break NDAs. But there are other tripwires that threaten equity even for those who leave on good terms.
Odds have swung further in Donald Trump’s favour after Saturday’s failed assassination attempt, and some in the crypto community think it's to their benefit.
Now serving customers like JP Morgan, QuintessenceLabs was founded all the way back in 2008, when quantum computing was more idea than reality.
Apple launches the 'spatial computing' headset in Australia on Friday, after rolling it out in China and Japan late last month.
Bitcoin is down 17% in the past month, marking a low point in its recent resurrection. But imminent US approval of Ether ETFs could restore hope.
AI is causing a drastic acceleration in phishing attacks, according to Californian company Zscaler. Its CEO knows from experience.
Amazon Web Services' $2 billion agreement to build high-security data centres for defence and intelligence agencies comes after a long journey in Australia, featuring many twists and turns.
Last week, plastics recycler Samsara Eco raised $100 million and quantum startup Diraq raised $10 million. Today, another Australian deep tech startup got a cash infusion.
Microsoft, Meta, Google and Amazon are likely to double their electricity needs in the next five years. Increasingly, they are looking to nuclear power.
The startup is part of a growing space diplomacy movement between Australia and India.
As AI tech flows from enterprise to consumers, Australian fundies are betting these chipmakers will prosper.
About 56% of Bitcoin is now mined using renewable energy, up from 34% three years ago. But the shift isn't because miners are environmental warriors.
As companies like Rippling and Deel expand into Australia, the country's HR tech disruptor has revealed it expects to achieve profitability this calendar year.
Documents released under a Freedom of Information request show the Department of Industry was not just chasing commercial goals when it invested in PsiQuantum.
Apple was the first company to reach a market cap of one, two and then three trillion US dollars. Microsoft or Nvidia could beat it to four.
The startup has until now been using a modified version of Stable Diffusion, an open-source AI model.
The Sydney deep tech startup has struck a deal with GlobalFoundries, which makes semiconductors for the likes of Qualcomm, to make a batch of its quantum-powered chips.
After promoting work-from-home arrangements, Atlassian's latest report finds that AI can help banish useless meetings.
Daniel Ziegler, one of 11 current and former OpenAI employees to sign an open letter calling for more transparency about AI risk, told Capital Brief how the startup began to change during his tenure.
The tech giant has finally revealed its plans to add AI features to its products as it seeks to catch up to rivals. Whether the upgrades actually drive sales remains to be seen.
Meta doubts whether quantum computing will ever be viable, while some like Amazon think that moment will come but only in a decade or so. IBM and Google are all in, and may beat Australia to the punch.
While Nvidia is up 3000% in the past decade, Intel is almost unique among semiconductor companies in failing to grow from the AI boom.
One of Australia's most high-profile AI startups is benefiting from government initiatives in England and Hong Kong. Australia's government should follow suit.
Companies are increasingly looking abroad to fill AI development vacancies, data from HR startup Deel shows.
The startup, which builds a HR platform specifically for casual, deskless workers, is looking abroad for new customers. But it has some solid competition to overcome.
OpenAI CEO Sam Altman has faced a raft of criticism in recent weeks, but his ability to push the company forward through a series of deals will help rebuild his reputation.
The Aussie tech giant has invested in Figma after Adobe's failed bid to buy the company. Between Figma and Canva, design tech is flourishing — which is great news for Mike Cannon-Brookes.
The former US president's attempt to woo crypto enthusiasts wasn't enough to avoid a harsh reception from libertarians over the weekend.