Since the release of ChatGPT in November 2022, the world has seen an incredible surge in investment, development and use of artificial intelligence (AI) applications. According to one estimate, the amount of computational power used for AI is doubling roughly every 100 days. The social and economic impacts of this boom have provoked reactions around… Read more »
Amazon has secured a A$2 billion contract with the Australian Signals Directorate – the agency responsible for foreign signals intelligence and information security. A local subsidiary of Amazon Web Services will build a Top Secret Cloud to provide secure data storage for military intelligence. The deal will securely manage top secret data vital to Australia’s… Read more »
Sharing my observations of the UK market after having just completed our annual Tribe Global Ventures scaleup trade mission to the UK during London Tech Week and time spent in Germany. The airports are quieter Across the board during my time in the airports in Brisbane, Dubai, Frankfurt, Stuttgart, Munich and Heathrow, all are noticeably… Read more »
Caryn Marjorie is a social media influencer whose content has more than a billion views per month on Snapchat. She posts regularly, featuring everyday moments, travel memories, and selfies. Many of her followers are men, attracted by her girl-next-door aesthetic. In 2023, Marjorie released a “digital version” of herself. Fans could chat with CarynAI for… Read more »
The media depicts a depressing state, but is this painting an accurate picture? The 60 funds we surveyed (please let us know if we missed yours) 1835i, Black Sheep Capital, Folklore Ventures, Macdoch Ventures, Shearwater Capital, Tenacious Ventures, Airtree, Brandon Capital, Galileo Ventures, Main Sequence, Side Stage Ventures, Giant Leap, Marbruck Investments, Significant Early Venture… Read more »
Just last year, data suggested plug-in hybrid cars were on the way out in Australia. But they’re back. New data shows plug-in hybrids and conventional hybrids combined have overtaken battery electric vehicle sales in the first quarter of 2024. The trend continued during April and May. In the first quarter last year, hybrids accounted for… Read more »
If startups were hoping that after 15 months in power, the NSW Labor government would finally move from cuts to investment in the sector, the state Budget, released on Tuesday, is best summed up by a line from Dante’s Inferno as they enter hell: abandon all hope, ye who enter here. Across the entire budget,… Read more »
For as long as we have used the internet to communicate and connect with each other, it has influenced how we think, feel and behave. During the COVID pandemic, many of us were “cut off” from our social worlds through restrictions, lockdowns and mandates. Understandably, many of us tried to find ways to connect online.… Read more »
As the urgency of climate change ramps up, focus is increasing on digital currencies to address their environmental impact. According to industry forecasts, the global cryptocurrency market is expected to surge to US$4.94 billion by 2030. But the process of mining digital currencies such as Bitcoin requires immense computational power – causing a significant drain… Read more »
From the first-time founder who created a ‘find-a-babysitter’ app to an entrepreneur whose brain training tech is used by the world’s best golfers, the ACS Labs founder community is a diverse bunch – and growing. For the past 12 years, the Australian Computer Society (ACS) has built its reputation in the startup sector with incubators… Read more »
It’s easy to get these basic things wrong and easy to get them right, so let’s get them right! First up: videos are sometimes an investor deterrent. Unless you’re a video startup or there’s something visual about your customer experience that is essential to understand, don’t send investors videos instead of decks — they are… Read more »
The federal government has chosen four organisations under its AI Adopt Program to give small to medium-sized businesses (SMEs) to provide expert advice on how to adopt artificial intelligence (AI) in their operations. Each centre will target businesses in key priority areas of the National Reconstruction Fund. The centres will demonstrate how AI can modernise… Read more »
Google has rolled out its latest experimental search feature on Chrome, Firefox and the Google app browser to hundreds of millions of users. “AI Overviews” saves you clicking on links by using generative AI — the same technology that powers rival product ChatGPT — to provide summaries of the search results. Ask “how to keep… Read more »
There’s a famous maxim in advertising, courtesy of industry legend David Ogilvy that: “If you have nothing to say, sing it”. Combine that with Oscar Wilde’s observation that: “There is only one thing in life worse than being talked about, and that is not being talked about”, and you have the defining moment of Canva… Read more »
If you search “shrimp Jesus” on Facebook, you might encounter dozens of images of artificial intelligence (AI) generated crustaceans meshed in various forms with a stereotypical image of Jesus Christ. Some of these hyper-realistic images have garnered more than 20,000 likes and comments. So what exactly is going on here? The “dead internet theory” has… Read more »
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