AI

Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.

Twenty three year-old Spencer Mateega pivoted his YC startup into the fastest unicorn in the accelerator’s history, fueling AI’s shift toward human reasoning data.

Two proposed amendments to superannuation will be a boon for the startup sector, predicts King River Capital.

Opinion: We keep buying AI licences and wondering why nothing’s changed. Maybe effective change is the real bottleneck?

The Sydney startup will setup a basic quantum computer in an Equinix data centre by October, it said on Tuesday, as it moves to commercialise a technology that’s been in R&D phase for decades. Key Takeaways Key Background   Proponents of quantum computing say it could be a US$200 billion industry that will enable fundamental breakthroughs […]

A hot new AI agent called Instinct was valued at $500 million earlier in August, sources say. Now it’s raising a new round at a $2.5 billion valuation from Benchmark and Index.

Anthropic is expected to make an initial public offering as soon as October, with reports indicating its valuation could range between $1 trillion and $2 trillion.

Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.

Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.

A bioethicist and Neal Khosla argue in a new paper that AI-only medical care is the future—and insist it will be better than human physicians.