Healthcare startup NexusMD has raised in $6.3 million Seed funding from Square Peg to help hospital staff automate and save time on administrative tasks using AI. NexusMD develops customised artificial intelligence (AI) agents that integrate with existing hospital systems to help doctors, nurses, and medical staff save time and costs on admin to focus on… Read more »
A US startup used extensively by Australian authorities to detect bushfires has raised a US$44 million (A$68m) Series B. The round for Pano AI included an undisclosed level of secondary share sales, with the surveillance platform claiming to have raised A$138m (US$89m) in its five-year-old lifetime. New investor Giant Ventures led the raise, supported by… Read more »
ASX-listed data centre business NextDC (ASX:NXT) will build a $2 billion tech hub in Port Melbourne as part of the Victorian government’s Fishermans Bend Innovation Precinct. Named M4, it will be purpose-built for sovereign AI, high performance computing (HPC), advanced manufacturing and deep tech, with three core components: an AI factory to support NVIDIA’s Blackwell and… Read more »
In recent years, artificial intelligence (AI) has taken centre stage across various industries. From AI-generated art to chatbots in customer service, every sector is seemingly poised for disruption. It’s not just in your news feed every day – venture capital is pouring in, while CEOs are eager to declare their companies “AI-first”. But for those… Read more »
Finding a job is getting tougher, and more frustrating. Posting “open to work” in LinkedIn, then submitting your CV isn’t the solution, especially when you’re competing with hundreds of others for the same role. AI is adding to the complexity on both sides. But there is a way to enlist artificial intelligence to give jobseekers… Read more »
A tech platform that helps doctors transcribe medical notes faster from conversations with patients has raised $12 million, valuing the two-year-old startup at $50 million. The round for Melbourne-based Lyrebird Health was led by Five V Capital and UK fund Octopus Ventures, with support from Startmate. The AI-powered medical scribe generates clinical documentation from patient-doctor… Read more »
It’s Day 1 of the international travelling roadshow that is Money 20/20 and the European iteration, held at the cavernous RAI exhibition centre in Amsterdam, is on a mission to the outer edges of the conference stratosphere in terms of scale and size. Seriously, some of the exhibitor booths are bigger and much more expensively… Read more »
Used by both global tech giants and early-stage startups alike, AI workspace Notion is picking up speed in Australia and New Zealand. In the earliest stages of a startup, every second and every dollar counts. Founders are stretched thin across product development, fundraising, hiring, marketing and operations – without the safety net of a large… Read more »
The Victorian government has given the Australian Centre for Artificial Intelligence in Medical Innovation’s (ACAMI) $10 million towards La Trobe University’s deployment of NVIDIA DGX H200 supercomputer. It sits in NEXTDC’s Melbourne Data Centre in Tullamarine and is the first to be commissioned at a university in Australia, giving scientists the ability to push the… Read more »
A nine-month wait to finalise their pre-Seed round has paid off for product market testing startup Heatseeker, nearly doubling its size to US$1.5 (A$2.3m). The raise was led by San Francisco-based Capital F, with support from Dom Pym’s family office, Euphemia, Even Capital and East End Ventures. In September last year, the Sydney via Gold… Read more »
James Alexander from Galileo Ventures proposes a ‘Tall Poppy’ national strategy for an AI revolution in Australia. We are witnessing the dawn of a new computing revolution 66 years after the invention of the silicon chip. This time it’s an intelligence revolution that goes beyond hardware. For the first time, we can talk to computers… Read more »
Artificial intelligence (AI) will contribute more than $15 trillion to the global economy by 2030. According to the University of Adelaide, greater use of AI in key Australian industries will lead to a short-term boost in GDP of more than $200 billion per year and the creation of an additional 150,000 jobs from 2023 to… Read more »
Five Australian startups from Australia’s eastern states have been selected for the 2025 LawTech Hub by Lander & Rogers. The accelerator program’s eighth cohort is focused on AI solutions for legal issues such as drafting and negotiating, legal research, due diligence, and agentic AI. The five startups are: Amender, Courtaid, DDLoop, Lawme, and Mobius. The… Read more »
Last week, Meta – the parent company of Facebook, Instagram, Threads and WhatsApp – unveiled a new “personal artificial intelligence (AI)”. Powered by the Llama 4 language model, Meta AI is designed to assist, chat and engage in natural conversation. With its polished interface and fluid interactions, Meta AI might seem like just another entrant… Read more »
Mohit Midha, cofounder and CEO of Hoogly was at Blackbird’s Sunrise last week, tired but unable to stop smiling after global recognition for his employee engagement startup in California and London. The fact that he set out to also raise $500,000 and now has $1 million with 10 days left before he closes his latest… Read more »
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