Xero’s CTO resigns in second leadership departure this month
Rick Carragher will leave Xero in early August after serving 16 months as chief technology officer, employees were told on Wednesday.
Business
Wendy McCarthy’s quiet campaign to fund next-gen rebel women
Bypassing traditional tax-effective frameworks, the trailblazing advocate is deploying her private wealth to fund a new breed of cultural architects.
The UK’s $100 billion fintech disruptor takes aim at Australia’s big four banks
Revolut, a UK fintech last valued at US$75 billion ($104 billion), has been approved to operate banking services in Australia. It plans to spend “nearly” $400 million to win over the local market.
Xero executive quietly departs amid SaaSpocalypse slump
Xero’s chief people officer, charged with driving the company’s “performance-driven culture”, departed the ASX accounting giant earlier this month.
Chinese AI startup Moonshot unveils Kimi K3 Model—Will it challenge OpenAI and Anthropic?
The Chinese startup called its AI model the “new frontier of intelligence.”
Apple briefly unseats Nvidia as world’s largest company
The iPhone maker is once again the world’s largest company by market value.
Anthropic, OpenAI, Google respond to Albanese’s AI announcement
Prime Minister Albanese was emphatic in today’s AI address that Australian writers, musicians, artists and journalists will retain copyright to their works. Here is how Anthropic and OpenAI responded.
Albanese creates Office of AI so Australia can be ‘more than a data warehouse’
“We should not treat AI as a threat to good jobs, we must use it as an instrument to create them,” Prime Minister Anthony Albanese said, pledging to legislate national AI standards – including copyright protections – by early 2027. A swaggering Anthony Albanese declared Australia the best place in the world to invest in […]
OpenAI’s first consumer device will be a smart speaker
The AI companion will mark OpenAI’s first physical device.
Australia doesn’t need copyright change to win data centre billions, AI boss says
Copyright law has become the central flashpoint of Australia’s AI and data centre policy. Sharon AI chief executive James Manning says no changes are needed.