AI firm Databricks raises $16 billion in largest venture funding deal of 2024
The US-based data and AI company that counts NAB, Atlassian, and the NRL as customers has completed AU$13 billion of a $16 billion series J raise.
Innovation
From OpenAI to Canva: The major AI milestones that defined 2024
What a year. If it felt like every time you blinked, there was another AI announcement, you’re not alone. From blockbuster acquisitions and record-breaking investments to tools that reshaped how we work, travel, shop, and even think, 2024 was a whirlwind in the world of artificial intelligence.
Luigi Mangione AI chatbots give voice to accused UnitedHealthcare shooter
Character.ai has taken down a dozen Luigi Mangione chatbots, but Forbes found two still online. One is advocating for more violence against healthcare executives.
The key areas being targeted in government’s ‘Australia-first AI plan’
The Minister for Industry and Science released an overview of the ‘Australian-first AI Plan’ that aims to boost capability, expand investment in technology, and grow the economy.
‘Just getting started’: Airwallex APAC revenue soars 83%
Lucy Liu, COO of Australian-founded payments unicorn Airwallex, tells Forbes Australia global revenue grew by 73 per cent year-over-year, and transaction volume increased 60 per cent.
The federal government is investing in diamonds. Quantum diamonds.
Australia’s National Reconstruction Fund announced a $13 million investment into Quantum Brilliance to build Australia’s first quantum diamond foundry.
Apple Intelligence arrives in Australia. Here’s what you need to know
Apple Intelligence, the tech giant’s advanced AI suite set to upgrade your iPhone and Mac, has officially launched in Australia and New Zealand.
Why business leaders must act now to address bias in AI
Recent research reveals AI systems are often perpetuating and amplifying existing societal biases rather than eliminating them. Currently, only 22% of AI professionals are women.
Cloud companies like Oracle, Amazon and Microsoft would lose millions to a TikTok ban
The tech giants all have large cloud contracts with TikTok — and they’ll have to end service on them by January 19 unless a court intervenes.
What we know about xAI as it bolsters itself for AI race—with $6 billion in new funding
Elon Musk’s artificial intelligence startup xAI disclosed Thursday it raised $6 billion in equity financing—the company’s latest step forward as it raises funding and …