Hugo Mathers
Reporter
Hugo joined Capital Brief after five years in government roles across London and Sydney. He also previously worked in venture capital with Europe's first proptech VC fund Pi Labs and edtech startup Primo Toys, and has written for Time Out, Urban List and The Mandarin.
Contact Hugo via email.
While AI factory builder Firmus steals the headlines at home, local investors woke this morning to find rival upstart Sharon AI trading on the Nasdaq.
The data centre unicorn’s claims about cooling tech, land and energy use have shifted fast. Bulls say its because AI is moving at warp speed, but others aren’t convinced.
A week after threatening to walk, SGH boss Ryan Stokes has produced a “best and final” $15 billion bid for the steelmaker, reigniting a takeover standoff that appeared to have frozen.
While big name money is backing Firmus, not everyone in the market is convinced by the story, with its co-founder’s colourful past and sustainability claims among the concerns.
BlueScope has more than doubled its first-half profit and interim dividend. Its new CEO is calling it an ‘inflection point’.
