Finance and markets

Data centre operators such as Macquarie Technology and DigiCo are feeling vindicated, but ASX-focused fund managers warn that the ingredients for an AI bubble are still in place.

In one of only a handful of AI-related exits in the Australian ecosystem to date, Sydney startup Nucanon has sold to Indian gaming giant Zupee, which boasts 200 million users.

Block is doubling down on Bitcoin, aiming to transform it from a volatile asset into a practical payment system for everyday transactions.

Australia’s largest superannuation fund has backed regulatory intervention as it acknowledges super funds need to do more to safeguard members’ money.

Teacher’s Buddy, launched by Edrolo co-founder Ben Sze, is already used by 12,000 teachers across 130 countries to cut admin time and stress.

CEO Will Lopes said the high-flying company is on track to turn a bottom-line profit in as soon as 18 months with some key metrics pointing in the right direction.