Business

The company’s announcement of a new AI safety system comes amid its billionaire CEO’s rejection of AI slowdown and regulation pushes.

Harrison.ai founders Aengus and Dimitry Tran say their $789 million startup is reorganising to prepare for a commercialisation drive at home and abroad – but that R&D remains in Australia. Harrison.ai cut 15 per cent of its workforce earlier this year in a restructure founders Aengus and Dimitry Tran say will allow it to put […]

In a “Meet the Press” interview that aired on Sunday, the billionaire Microsoft co-founder said he hoped to meet with Trump about AI regulation.

After nearly two decades building toy giant Zuru, Anna Mowbray is betting AI can disrupt recruitment. Her startup Zeil is now targeting Australia as the first step in a global expansion. Zuru cofounder and New Zealand rich lister Anna Mowbray is bringing her AI-powered recruitment platform to Australia, where she hopes will rival recruitment giants […]

The startup, which Blackbird said is its fastest growing investment ever, has hit $50 million in annualised revenue and is now moving to agentic healthcare. Key Takeaways AI healthcare startup Heidi has become Australia’s fourth unicorn of 2026, raising capital at a $1.26 billion valuation as it looks to hit break-even territory on its breakneck […]

As it heads towards a US$2 trillion IPO, AI titan Anthropic told Parliament it has accepted a broad copyright exemption is not on the table – but calls for a more narrow concession. AI giant Anthropic told a Parliamentary Committee that it will invest in large data centre projects in Australia, but called for the […]

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.