Technology and startups
The Sydney-headquartered company has no data centre developments in Australia but says it remains committed to its home city.
As Australia sees early AI-linked redundancies, RBA governor Michele Bullock insists the bigger jobs impact is likely to unfold less dramatically.
In the wake of mass layoffs announced by WiseTech Global and Block last week, Antonoff told Capital Brief the company will hit the brakes on its recruitment drive.
These specialist investment vehicles are meant to crowd in private finance and accelerate emerging tech, yet most money still goes to projects the market would fund anyway.
In a week of AI anxiety, Block CEO Jack Dorsey announced cuts of almost half the workforce to chase its efficiency gains. The investor verdict so far: more, please.
AI loomed large over this earning season, as disruption fears smashed global software names but left Australia’s market looking oddly sheltered by its lack of exposure.
Australia’s biggest bank tried to avoid a public backlash as it made one of the first moves by a blue chip company to shed staff amid AI disruption.
A gloomy AI memo went viral this week, briefly spooking markets. Whether true or not, two Australian tech stories today suggest the pressures it describes are real.
More AI-related job cuts are coming, and the market doesn’t seem to mind it when it sees them.
SafetyCulture founder Luke Anear is returning as interim CEO after the AI revolution made running a platform rebuild from New York untenable.
The Eucalyptus sale is the biggest Australian startup exit in years. It’s also proof that the local ecosystem can build globally competitive companies, back them properly and actually get paid.
With roughly half of $40m locked in, Archangel is betting the pre-seed and seed gap is a tailwind for small VCs.
Melbourne’s Heidi Health is betting that winning the AI scribe race won’t be enough — and the real prize is becoming the layer across the entire clinical encounter.
Blackbird and Airtree are counting extraordinary returns from the $1.6 billion Hims & Hers deal — and the sector is watching closely as paper gains finally start converting to cash.
Tech optimists argue mass adoption of AI could reverse decades of slowing productivity growth. But a new DemosAU poll shows a growing class divide on the tech.
