Technology and startups
During a whirlwind tour of Australia, the Claude developer warned AI could bring down critical services — but neglected to mention the model that has spooked regulators and markets.
Canva’s IPO has been pushed back as it begins a radical transformation from a SaaS-based business to one built around AI credits — pitting it directly against Anthropic and OpenAI.
Allbirds, the NZ-founded wool shoe darling of the free-money era, is entering a bizarre second act as an AI infrastructure company. The vibes feel deeply familiar.
Anduril continues to expand local operations to service a $1.7 billion underwater drone contract, which is expected to grow under the National Defence Strategy.
The superannuation sector is trying to protect itself from cyber attacks in the age of AI but it needs the green light from regulators.
Meritless, AI-assisted claims are straining the Commission, delaying decisions and diverting resources from cases that matter.
Private valuations are now more rigorous, more structured and more closely scrutinised than they once were. Just in time for the market to put them to the test.
APRA and ASIC have urged corporate Australia to get their house in order as Anthropic’s new Mythos AI model raises new financial stability risks.
Australian businesses are proving far more cautious over AI adoption than their peers several developed economies, including the US and Canada.
Chief executive James Manning wants his company to complete the dual-listing this quarter. But the impending global roadshow may throw up some personal questions.
Australian founders are still highly ambitious. The current market just demands more patience and runway.
The workforce management company has acquired two more Australian HR tech companies in an eight-figure deal.
Analysts and investors are concerned PEXA’s core business earnings could become “significantly worse” as risks compound.
The company’s cornerstone green energy deal has sparked anger in Tasmania, where details around the state-sanctioned agreement remain murky.
Software stocks have taken another pounding as Anthropic fed deep fears AI agents will absorb enterprise revenue, replace vendors and uncover decades-old bugs.
After more than 20 years developing its blood cancer immunotherapies, HaemaLogiX is preparing to kick off its IPO next week. Unless Trump’s Iran war gets in the way.
Bendigo & Adelaide Bank is swinging the axe through its workforce as it bets on tech to cut costs and compete in a tough banking landscape.
The local leaders of two of the world’s most established technology companies both see rising demand for on premise equipment as the AI revolution kicks into gear.
The dual acquisition, announced ahead of next week’s Canva Create in Los Angeles, brings together agentic AI and marketing automation as the design giant signals its most ambitious transformation yet.
The $4 trillion chipmaker’s strategy of investing in its own customers has been highly criticised, including by a prophet of the global financial crisis. Now it has come to Australia.