Innovation

The investment comes as OpenAI prepares for a share selloff that will value the AI darling at roughly $500 billion.

India, France, the UK and the UAE are already building sovereign AI. An Aussie LLM needs 30 billion parameters, and can protect against offshore policy shifts, price shocks, and opaque black-box systems.

Atlassian has made its second billion-dollar AI acquisition in less than a month, announcing a US$1 billion (AU$1.54bn) deal to acquire DX, a Salt Lake City-based startup that helps engineering teams measure the real-world impact of AI on productivity. The acquisition, expected to close in Q2 FY26, is being paid for with a mix of cash and restricted stock.

CEO Mark Zuckerberg claimed the company’s new Meta Ray-Ban Display are “ideal form factor for personal superintelligence.”

Atlassian’s Mike Cannon-Brookes has welcomed a $38.5 million state commitment to Tech Central, which includes $5 million for a new innovation hub and a governance model to steer Sydney’s largest tech district.

The generative AI platform says it’s rolling out a new set of protections to keep under 18s ‘safe’, including parental control features.

Melinda French Gates’ Pivotal Ventures and Wellcome Leap commit $100M to accelerate women’s health research and close long-overlooked gaps worldwide.

Apple has launched the iPhone 17 lineup, led by the new ultra-thin iPhone Air at 5.6mm. Here’s what’s new with the iPhone 17, Pro and Pro Max, plus AirPods Pro 3 and Apple Watch updates – with Australian prices and release date.

People’s conversations with Claude began popping up in Google search results — just like what happened with ChatGPT and Grok. They’ve now disappeared.

The grand finale of the pitch competition will be judged by VCs Bill Tai and Kim Jackson, and founders Lars Rasmussen and Lucy Guo. Twenty-one of Australia’s most innovative startups will take to the SXSW Sydney stage to pitch their companies next month. Thirteen of them are from NSW, five are based in Victoria, and […]