Fintech

And then there was 1: Finder cofounder Jeremy Cabral steps down as COO after 16 years of leadership

- September 2, 2025 2 MIN READ

Finder cofounder and chief operating officer Jeremy Cabral is downing after 16 years of helping lead the business to pursue new opportunities in AI. The move leaves just CEO Frank Restuccia still in an operational role among the comparison website’s cofounding trio, which includes Cabral and Fred Schebesta. Crypto evangelist Schebesta stepped down as co-CEO… Read more »

AI/Machine Learning

OpenAI looks to set up shop in Sydney

- August 28, 2025 2 MIN READ

US artificial intelligence giant OpenAI, is looking to open a base in Sydney by the end of 2025. The company behind ChatGPT, now worth around A$750 billion, has been busy signing local deals over the past 12 months, including with UNSW and most recently, the Commonwealth Bank, as well as ramping up its lobbying efforts… Read more »

AI/Machine Learning

AI-powered cyber-intelligence startup Apate.AI nabs $2.5 million Seed round for its anti-scam bot army

- August 25, 2025 2 MIN READ

Cyber-intelligence startup Apate.ai, a countermeasure to Australia’s $2 billion scam industry, has raised $2.5 million in Seed funding. The round was led by OIF Ventures with participation from Investible. The funds are for product development and international expansion, including hiring engineering and go-to-market teams, as well as expanding its partnerships with financial institutions, telcos, and governments… Read more »

AI/Machine Learning

Respiratory disease startups score $3 million to develop AI-powered treatment analysis

- August 25, 2025 2 MIN READ

A pioneering collaboration between two medical startups tackling respiratory diseases with artificial intelligences has scored $3 million in federal government funding from Cooperative Research Centres Projects (CRC-P) program. Diag-Nose.io and Human Health are working on RhinoMAP – an AI-enabled platform they hope will transform how respiratory diseases such as asthma, sinusitis, and COPD (chronic obstructive pulmonary… Read more »

AI/Machine Learning

Former Kiwi TikTok boss gives PowerPoint an AI makeover with NZ$3.8 million Seed round

- August 22, 2025 2 MIN READ

Aether, a Kiwi AI startup turning marketing presentations into a live documents, has raised NZ$3.8 million (A$3.4m) in Seed funding. The AI-powered SaaS platform, cofounded by former TikTok NZ country manager Carsten Grueber, has emerged from stealth mode with backing from Icehouse Ventures, and support from Brand Fund 2. The startup has emerged out of New+Improved,… Read more »

AI/Machine Learning

Billionaire tech founders have issued a dire warning that charging AI startups for electricity, workers, or anything at all, is a massive threat to innovation

- August 22, 2025 3 MIN READ

DAVOS, Switzerland — A coalition of tech executives, venture capitalists, and innovation self‑describers warned this week that unless governments immediately provide free electricity to the artificial intelligence sector, civilisation’s fragile future could collapse into what one investor called “a really compromised vibe.” “Making AI innovators pay for electricity is legacy thinking,” declared OpenAI CEO Sam… Read more »

AI/Machine Learning

Moving from hype to action: former Microsoft exec launches AI training edtech

- August 21, 2025 2 MIN READ

Former Microsoft content safety director and journalist Shaun Davies has turned entrepreneur, launching The AI Training Company, in a bid to close the gap between AI intention and workplace execution. Davies said that while executives may be enthusiastic about the transformational prospects of AI, there’s a a lack of practical skills and clear governance that’s… Read more »

AI/Machine Learning

The Australian government is backing away from its AI regulation plans

- August 20, 2025 3 MIN READ

The Australian government is reportedly moving to dump plans for dedicated artificial intelligence legislation such as an AI Act, with the minister for innovation saying lawmakers are carefully creating “an Australian approach” for regulation of the technology. Prime Minister Anthony Albanese’s caucus has reportedly become split on the issue, and tensions have grown since the… Read more »

AI/Machine Learning

A new study reveals around a quarter of workers are using ‘shadow AI’ without their boss knowing

- August 20, 2025 3 MIN READ

Australian workers are secretly using generative artificial intelligence (Gen AI) tools – without knowledge or approval from their boss, a new report shows. The “Our Gen AI Transition: Implications for Work and Skills” report from the federal government’s Jobs and Skills Australia points to several studies, showing between 21% to 27% of workers (particularly in… Read more »

AI/Machine Learning

Is OpenAI’s GPT-5 a sign that the push to AGI is already starting to flatline?

- August 14, 2025 4 MIN READ

OpenAI claims that its new flagship model, GPT-5, marks “a significant step along the path to AGI” – that is, the artificial general intelligence that AI bosses and self-proclaimed experts often claim is around the corner. According to OpenAI’s own definition, AGI would be “a highly autonomous system that outperforms humans at most economically valuable… Read more »

AI/Machine Learning

Tech Council boss Scott Farquhar says it’s cool to lift Atlassian’s IP without paying for it if we all get better software

- August 13, 2025 3 MIN READ

Atlassian cofounder Scott Farquhar said he wouldn’t mind if others took the $60 billion tech company’s intellectual property without paying for it if it leads to better software. The Tech Council of Australia chair, who stepped down as Atlassian co-CEO last year, but remains on the board, has been advocating for changes to Australian copyright… Read more »