Dan and Will Roberts each took home $109 million last financial year after IREN became the world's most valuable Bitcoin miner, and an ambitious AI data centre play.
Technology and startups
OpenAI’s lavish chip deal with AMD had markets buzzing, and gave AI bubble watchers some fresh fodder for their future case studies.
Women who joined VC during the post-Covid boom are exiting for startup roles, citing limited advancement and exhaustion from advocating for diversity.
New Zealand’s economy may be in a rough patch, but startups like Halter and Tracksuit are proving the old adage that pressure breeds innovation.
Virtual fencing is creating a two-tier cattle economy, where smartwatch-wearing cows on one side of a border enjoy the future while neighbours stay analog.
The lobbying group is caught between the interests of global tech giants and its local members who have expressed support for creative sectors.
Once Australia's largest innovation fund, Breakthrough Victoria is facing an uncertain future with rampant speculation it may make no further investments.
AI hype has shifted from sci-fi panic to old-fashioned bubble speculation. With Australia hoping to hitch a ride on the data centre boom, the future is looking uncertain and very expensive.
The bank has pulled the plug on the venture arm it launched in 2019, and will fold its investments into a new structure amid a broader cost-cutting agenda.
The USD500 billion startup has previously advocated for more data centres and a national upskilling program.
The Australian Recording Industry Association and other creative groups will front a Senate committee on Tuesday to oppose changes to copyright law to aid AI platforms.
ASX biotech stocks rebounded en masse on Monday but there are still concerns Donald Trump's pharma tariffs will cast a shadow over the sector.
Afterpay and Airwallex are two of Australia’s biggest startup successes, but Up Bank founder Dom Pym says venture capital rules are choking investment in the next wave of fintechs.
Whether or not they ultimately land as promised, the tariffs are a reminder of how economic power is shifting. Australia must build real capability in response.
In late July Tech Council of Australia chair Scott Farquhar called for weakened copyright laws. Only weeks earlier, Canva co-founder Cliff Obrecht sang a different tune.
Divorce is good business for fintech investor Craig Carroll and his startup JustFund, as family law lending sheds its “wild west” reputation.
The lobby group representing free-to-air TV networks has thrown its support behind a proposal to curb anti-competitive practices in digital markets — and urged the government to go further.
