Business

The Sydney-based drone company landed $2 million in a pre-Series A raise. The funds have facilitated the acquisition of Brazilian mapping firm Mappa and the global launch of AerologixMaps.

Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.

Optus CEO Kelly Bayer Rosmarin has announced she will step down following the telco’s national outage that impacted more than 10 million customers.

The 34-year-old engineer and chief technology officer of OpenAI has been thrust into the role of CEO after previous boss Sam Altman was ousted from his role.

A day after OpenAI’s board of directors fired former CEO Sam Altman in a shock development, investors in the company are plotting how to restore him in what would amou…

Uber is imagining a world where people don’t own cars. So they paid 58 Australians to leave theirs at home for four weeks. Here’s how it went.

Leading investors including Vinod Khosla and Reid Hoffman didn’t receive advanced notice that OpenAI’s board would push out its CEO and cofounder, sources told Forbes.

Sam Altman has been pushed out of AI juggernaut Open AI after an internal review found he had not been forthcoming over representations made to the board.

Apple said iPhone will support RCS messaging next year, possibly putting an end to the blue versus green bubble debate.

The deal is the first acquisition by OCBC since Helen Wong took over as group CEO in 2021, becoming the first woman to lead the Singapore-based bank.