The neocloud’s chief executive James Manning flew to New York last week for catch-ups with his US investors. He came back with $487m.
Technology and startups
Attackers now sit inside victims’ networks for more than 200 days before striking, giving them time to encrypt the backups companies rely on to avoid paying.
The big four bank has turned to Nuno Matos’ former employer HSBC yet again for another senior hire.
Nvidia says its world first open AI models will speed up the path to useful quantum computing. Australian startups see it not as a threat, but an opportunity.
After the spectacle of Create, Canva’s AI strategy faces the question confronting every software company: how much intelligence to own and how much to rent.
Tim Cook hands over an Apple far richer and more powerful than the one he took over. But his successor John Ternus faces a much tougher job.
Yamini Rangan has watched 40% of her company’s market value evaporate since January. She thinks the market has the story wrong.
The heavily backed, Sydney software firm’s CEO Jason Phillips says data management tools could be naturally resilient against AI replacement, but will still face threats.
Oliver Curtis has returned to Sydney for the final leg of Firmus’ non-deal roadshow and the sheer number of investors that showed up on Monday showed the hype is real.
If Australia is serious about productivity, it needs more small businesses to adopt AI confidently and at scale across the economy.
During a call to discuss the ASX-listed data centre company’s own $2 billion capital raising plan, its founder hit out at the IPO hopeful’s pitch to the market.
Australian banking faces a reckoning as increasingly capable AI raises the stakes on competition, cyber risk and growth across the financial sector.
Mumurs that Firmus will allow early investors to cash out on day one of its IPO have become the latest intensely debated subplot involving the ‘AI factory’ company.
The digital asset industry has warned Treasury it is overestimating startups’ ability to comply with a regime designed for banks and super funds.
Canva’s co-founder and COO Cliff Obrecht tells Capital Brief why the company is betting its 250 million users — and its private company advantage — on becoming one of the world’s top AI platforms.
Canva has ripped up its product for the AI era, betting a full reboot and new pricing model can transform it from a design software company into a workplace software giant.
