Jensen Huang believes questions of whether artificial intelligence could destroy humanity are fear-mongering – and get in the way of progress. The founder of Nvidia, which makes the computer chips enabling AI such as ChatGPT, he was rankled when a journalist wondered if he is “an AI Robert Oppenheimer”. He’s not building bombs, he responded.… Read more »
Amazon Web Services (AWS) says it will invest A$20 billion to expand data centre infrastructure in Australia over the next five years. Prime minister Anthony Albanese, on his way to the G7 Summit in Canada, met with AWS CEO Matt Garman in Seattle over the weekend for the announcement. The infrastructure rollout by 2029 will… 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 »
After four months of hard work building their ideas, fresh crop of 7 new portfolio startups in the Founder Institute ANZ early stage accelerator will make their debut at Demo Day this evening, June 10. Anyone is welcome to be a part of the free online event Demo Day and startup showcase from 6pm AEST, with… 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 »
EVP has added 20 more defendants, including earlier VC investors – taking the total to 32 – in its legal action to recover $10.4 million invested in StrongRoom AI. EVP has a freezing order over the company’s assets and during a case management hearing on Wednesday added the company’s other early investors, including Artesian Ventures,… 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 »
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 »
The Business Council of Australia doesn’t see artificial intelligence (AI) as a chance to improve CEO bonuses by firing a company’s workers, but rather a chance to finally lift national productivity after decades of stagnation. The industry lobby group has released a report, Accelerating Australia’s AI Agenda, arguing AI has the potential to reverse Australia’s… 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 »
Metabolic health monitoring platform Vively has raised $1.6 million in a Seed round as it rolls out its Continuous Glucose Monitoring (CGM) program to tackle pre-diabetes. The round was led by Archangel Ventures with support from Bupa Ventures, the VC arm of not-for-profit private health insurer Bupa, and others. Archangel previously led 2022’s $1.5 million… Read more »
A video analytics platform using artitificial intelligence to improve workplace productivity and safety has raised $17 million in a series B. It’s been nearly four years since Unleash Live raised an $8 million Series A led by Safety Culture, and this time the nine-year-old scaleup, now valued at $100 million, did not disclose its… Read more »
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