Business

The latest funding round was led by Fidelity Management & Research and funds linked to J.P. Morgan Asset Management.

Founded just a year ago in Melbourne, Butter has secured 10,000 users, a $260,000 investment from ‘day one’ investor Antler, and a $2.2 million valuation. The problem it is solving is universal: loneliness.

The new AI-powered data center, which will have a capacity of over 70 megawatts, will be financed by a syndicate of more than 20 banks including Crédit Agricole CIB, DBS Bank and ING Bank.

From Anchorage Digital to BitGo and Morgan Stanley, a growing cast of financial firms are reaping big fees riding the tidal wave of corporate bitcoin buying.

Opinion: AI capabilities demand we rethink not just how we can use it during the workday, but how we govern, shape, and integrate it into our organisations. With this comes a question echoing through many companies right now – who owns AI at work?

The national carrier has also paid $120 million into the compensation fund for affected former employees, after it sacked 1,700 ground handling staff during the pandemic.

The duo behind education start-up Go1 and investor Gopi Sara teamed up to launch OneMRI, a preventative care company that offers whole-body MRI scans.

The OpenAI CEO is challenging his former friend. Twitter, Tesla and even Neuralink are in his sights

The world’s largest cryptocurrency appeared to be hit by poor inflation data and cooled government interest.

At Meta, a chaotic culture and lack of vision have led to brain drain, with rivals saying its AI talent is lacklustre. But Zuckerberg’s frenzied hiring spree hasn’t stopped the departures.