Business

HEO develops cameras that inspect and monitor satellites in space, and has raised a $37 million Series B from the NRF, Beaten Zone Ventures and Airtree.

In experiments by startup Irregular, one of Anthropic and OpenAI’s security testers, an Alibaba Qwen agent decided to retrain an entire model when it was asked to fix a basic software bug. The new behavior adds to concerns about AI models’ unpredictability.

T. Rowe Price and Franklin Templeton, which each manage trillions in assets, bought into Canva at a US$40 billion valuation in 2021. Canva is preparing a foundation model it hopes will help reverse the trend.

It’s the fifth consecutive year at the top of The Forbes 400 for the wealthiest billionaire in the U.S.—and the world.

As OpenAI says it is shifting focus to human impact, Sam Altman took to the Dreamforce stage with Salesforce founder Marc Benioff. AI model failures are inevitable, Altman says, and should be treated as road or airline safety incidents to facilitate an unprecedented global boom in entrepreneurship and prosperity.

After two of its portfolio companies became unicorns this year, Main Sequence hopes to raise $400 million for its fourth fund by the end of 2026. Main Sequence has hit the market to raise its fourth fund, with the deep tech VC hoping to secure $400 million to finance a new generation of bets in […]

John Hollister departed US$24 billion chipmaker GlobalFoundries last October. Now he’s joined Michelle Simmons’ Sydney startup Silicon Quantum Computing as CFO. Key Takeaways Key background Silicon Quantum Computing (SQC) has been building its executive bench as it moves to commercialise years of R&D. The startup first scored big in 2024 with the appointment of former […]

These billionaires have found a spot among the 400 richest Americans—before turning 40.

Cathie Wood, one of the world’s most famous tech investors, told Australian media that an Anthropic researcher’s warning AI could lead to humanity’s extinction is “ridiculous.” But there is investment opportunity amid the fear generated, she says.

He once mused about how he could become a billionaire. Now he’s worth more than $25 billion.