Canva is boosting its artificial intelligence credentials through acquisitions, mirroring the strategies of the world’s biggest tech companies.
Technology and startups
The investments mark the first made by the advisory firm, which is currently in talks with prospective clients across Australia, the US, UK and Europe.
Continuation funds, which allow VCs to transfer portfolio companies that have not yet exited into new vehicles are growing in popularity as companies stay private for longer.
Generative AI will change how legal work is done by shifting junior roles, reshaping workflows and prompting new questions about how lawyers build careers.
Top law firms are trialling autonomous AI tools to handle complex tasks like document analysis, aiming to boost accuracy and efficiency while managing emerging risks.
Goldman Sachs and Morgan Stanley helped it sell more than $1.5 billion in stock last year. But time around, Canva is handling its latest secondary on its own.
As banks chase efficiency and direct customer relationships, AI agents are emerging as a possible lever for transforming lending, advice and digital commerce.
Fund mangers have fallen in love with TechnologyOne, but after a surge in its share price, now it must deliver.
Australia’s luck is running out. To stay competitive, we must embrace bold innovation, invest in tech and lead with vision — not rely on past advantages.
The Oculus founder's US$30.5b autonomous submarine company is on the hunt for technical talent and expects to employ 200 Australians by the end of the year.
Anthropic's Dario Amodei warned AI could soon replace 50% of entry-level office jobs and trigger mass unemployment. Databricks disagrees.
Side Stage Ventures and Archangel Ventures both secured an exit as MagicBrief sold to Canva. Just not the exit they might have hoped for.
The investigation into the $15 billion National Reconstruction Fund (NRF) shows why innovation bodies can't afford to make governance mistakes in Australia's political environment.
George Howes was at the airport en route to the UK when an unexpected WhatsApp appeared. Hours later he'd agreed to sell his startup.
Shadow Minister Alex Hawke has demanded the government address governance issues at the $15 billion NRFC following revelations of an investigation into whistleblower claims.
