Investing

Shares of the Australian tech giant plunged on Tuesday after federal authorities searched its Sydney office over share trading allegations against founder Richard White and three other employees.

Opinion: Two per cent of global funding goes to women-only teams. Brittany Fox is an outlier, having raised a $1.2m seed round for her startup Neevam last month. Here’s why she still believes the fundraising journey is broken.

The surge in shares was fueled by the iPhone 17 outselling the iPhone 16 in China and the U.S., according to a report from Counterpoint Research.

The luxury bellwether reported sales growth for the first time this year.

Despite a continued drought of mega-deals, Australia’s venture funding climbed back to the billion-dollar mark in Q3, driven by a surge in accelerator activity and heightened investor appetite for deep-tech and AI-focused companies.

The founders of Leonardo.AI and Active Hotels chipped in on the raise, which will help to launch up to 4 new ventures a year.

Artificial intelligence products are launching at a rapid pace as the sector’s largest companies battle for supremacy and secure increasingly large valuations worth hundreds of billions of dollars.

Australia ranks below Botswana for economic complexity, writes Greg Miller. Our only hope for remaining internationally competitive is to grow the things we invent to a size that matters on the world stage.

OpenAI has agreed to purchase and deploy 6 gigawatt worth of AMD’s AI chips.

Almost 15 years ago, 20 Australian founders reached into their pockets and created a $200k community fund. Over the last year, Startmate portfolio companies have added a billion dollars in value, and secured another international celebrity investor.