This week saw more $24 million in VC funding go towards AI onboarding tools, seaweed tech and more. Keep reading to learn more about the six Australian startups with fresh capital to deploy. Bodd: $15 million 3D body scanning platform Bodd has raised $15 million as it looks to expand globally. The round was led… Read more »
The largest data centre in the southern hemisphere will be built in New South Wales after local provider CDC Data Centres’s proposal received approval. The NSW government last week approved the plan for a $3.1 billion hyperscale data centre at Marsden Park, about 36km north-west of the Sydney CBD. First announced in October last year,… Read more »
Remember when Twitter used to be good? I reckon it peaked somewhere around the first COVID lockdowns. In those days, there was a running gag on the site where everyone would refer to it as a “hellscape”. And it did invite some of the worst that humanity has to offer. Opinions, as the old joke… Read more »
If the $467 million Airwallex raise and secondary share sale told us anything, it is that Australian venture capitalists are increasingly less venture and a lot more capital with a spreadsheet. When Blackbird and Airtree, two of the country’s flagship VC firms, finally joined a Series F round for a company they had previously passed… Read more »
On Tuesday, the Albanese Labor government released the long-awaited National AI Plan, “a whole-of-government framework that ensures technology works for people, not the other way around”. With this plan, the government promises an inclusive artificial intelligence (AI) economy that protects workers, fills service gaps, and supports local AI development. In a major reversal, it also… Read more »
The Albanese government has unveiled Australia’s first National AI Plan, opting for voluntary transparency measures rather than mandatory rules on how businesses disclose their use of artificial intelligence. The 37-page plan sets out a broad roadmap for building what the government calls “an AI-enabled economy” while maintaining a “careful balance between innovation and protection from… Read more »
This week’s funding round-up features a rewards platform for small businesses, a New Zealand agritech company that is tackling methane emissions, a medtech startup pioneering a non-invasive bladder-health treatment, and an edtech venture that is helping ease the admin burden for schools and educators. Keep reading to learn more about Pay.com.au, Ruminant Biotech, Australis Scientific… Read more »
In the eyes of big AI companies such as OpenAI, the troves of data on the internet are highly valuable. They scrape photos, videos, books, blog posts, albums, painting, photographs and much more to train their products such as ChatGPT – usually without any compensation to or consent from the creators. In fact, OpenAI and… Read more »
Two teenagers are taking the federal government to the High Court. They argue the ban on social media accounts for under-16s is unconstitutional because it interferes with free political communication. The ban is due to take effect on December 10. Will the High Court challenge make any difference? What does the law do? Due to… Read more »
Here we go again. Private school fee letters for 2026 are arriving, and for many families the numbers are confronting. Many schools appear to be lifting fees by something between 5 – 7%. For financial advisers, these costs have shifted from being background noise to a central conversation in financial planning. As fees rise faster… Read more »
If you’ve been in the workforce for more than about five minutes, you’ve met them: The boss who thought the title automatically made them brilliant – and would like you to know about it – the same one who called “urgent” meetings that could have been an email, or could have waited until next week. The… Read more »
Four months after entering the UK market, controversial short-term subletting startup Kiki is following a familiar pattern as it finds its footing in London. Manual processes powered by Instagram, limited revenue, parties, and growing costs (including visa sponsorship for newly hired staff) are already defining Kiki’s local operations. Meanwhile, the startup is publicly projecting confidence… Read more »
AI slop is Macquarie Dictionary’s Word of the Year for 2025. It also won the people’s choice vote. The dictionary defines the word as “low-quality content created by generative AI [artificial intelligence], often containing errors, and not requested by the user”. I’ve spent the last year researching the solicitous, duplicitous and ubiquitous generative AI –… Read more »
South Asian Australian founders have raised at least $1.6 billion in investment through to 2025, in fields as varied as artificial intelligence, mental healthcare, and sustainability, according to a new report celebrating the local startup sector. The figure demonstrates the growing influence of South Asian founders, says Sandeep Varma, whose SAARI Collective published a list… Read more »
If you’re a young person in Australia, you probably know new social media rules are coming in December. If you and your friends are under 16, you might be locked out of the social media spaces you use every day. Some people call these rules a social media ban for under 16s. Others say it’s… Read more »
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