A year ago they bemoaned AI wrappers. Now Australia’s three biggest VCs are betting on the workflows AI can kill, the work it can sell outright, and the machines it can finally set loose in the physical world.
OpenAI
We’re moving into “uncharted territory” as OpenAI joins its peers in looking to raise unprecedented amounts of capital from sharemarket investors.
Anthropic has finally granted Australia access to its most powerful AI model, but none of the nearly 40 companies and government agencies contacted by Capital Brief would confirm they had got it.
CBA’s inaugural AI summit put OpenAI’s Sam Altman centre stage as Matt Comyn argued Australia must build capability now or risk being left behind.
After interviewing OpenAI’s Sam Altman, the CBA chief urged Canberra to find a fair copyright mechanism and seize Australia’s data centre opportunity.
A jury said Elon Musk was too late to challenge OpenAI’s for-profit turn, clearing a legal cloud as the AI boom prepares to sell itself to public investors.
The appointment lands as the federal government considers reforms to Australia’s copyright licensing regime to ensure AI companies pay for content.
AI dominated the Super Bowl as rivals traded shots. Behind the scenes, a Sydneysider is helping push OpenAI and Anthropic towards unified agentic AI standards.
Briefing documents obtained by Capital Brief reveal the Treasurer was encouraged to court the world's leading AI platform to deepen its presence in Australia, including by investing in data centres.
Nvidia’s Jensen Huang is telling anyone who will listen that there is no AI bubble. OpenAI’s revamp and Big Tech results will put that faith to the test.
Global policy affairs chief Chris Lehane, who is visiting Australia for SXSW Sydney, downplayed fears that tough copyright laws will deter investment.
OpenAI’s lavish chip deal with AMD had markets buzzing, and gave AI bubble watchers some fresh fodder for their future case studies.
