A string of startup acquisitions is putting liquidity back on the table for VCs, even as questions linger about lost breakout potential.
Technology and startups
It may sell physical devices used by elite athletes, but Catapult has arguably been hit harder than pure play software stocks during the deepening AI rout.
Amid the AI carnage, the real opportunity is backing ASX tech companies with entrenched customers, regulatory moats and pricing power.
Australia has the research and talent to lead in deep tech, but without scale-up infrastructure, productivity gains and global winners will keep going elsewhere.
Just a day after the market thought PEXA had defeated a near decade long war to force it to face competition in the electronic conveyancing sector, a new regulatory challenge emerged.
The accounting software platform has teamed up with its would-be disruptor. Investors think other battered SaaS names could follow its lead.
Anthropic’s Canberra roadshow was less about its AI model Claude than a far more important product: a close relationship with the Australian state.
Dario Amodei warned Australian politicians that AI’s risks are real and the timeline is short — and that democracies must win the race to build it.
When one Slack post at Canva can spark mass redundancy fears, it says more about the software sector’s anxiety than the company itself.
Up to 80% of surgeries for women with suspected ovarian cancer turn out to be unnecessary. Proseek Bio wants to change that.
Killing surcharges might spare consumers one irritation, but it will not settle the bigger question of who shapes the payments system next.
Canva has moved to allay fears of job cuts after a since deleted internal post from co-founder Cliff Obrecht sent alarm bells ringing inside the company.
The ASX-listed GP staking shop has been unfairly caught on the wrong side of the AI trade dominating markets. Now it’s playing offence.
Artificial intelligence, an oil crisis and political turmoil are colliding across markets and business. Some cashed-up investors see opportunity in the chaos.
The company expected to conduct the next big IPO on the ASX says it can survive no matter what the RBA decides on payments next week, as scepticism swirls over its mooted valuation.
The world’s most principled AI boss’ visit to Australia will include talks on democracy, data centres and the future of government.
AI could make software cheaper to build, but trusted systems that hold data, enforce rules and survive regulatory scrutiny will only become more valuable.
The Medical Research Future Fund can move money, but without matched capital and demand signals it will not build the companies Australia needs.
Regional managing director Stephen Bovis is focused on servicing booming cloud demand from corporates and government, including helping host their AI tools.
Canva’s acquisition of Doohly adds another piece to its push beyond design and into a broader AI-powered marketing stack.