Investing

An Australian AI start-up helping businesses develop their own team of AI agents has raised $15 million to scale globally.

The company’s A and B Class shares were both up more than 10% on Friday.

Scalp-care company Straand has raised $4 million in funding from Harvey Norman’s family office and Unilever Ventures.

Dr Nic Gill is the head of performance for the New Zealand All Blacks rugby team and sits on the performance advisory board of functional fitness gym Fitstop. With a PhD in human performance, Gill claims physical exercise can help you train qualities like discipline and goal setting – and improve your performance in the boardroom.

Dubious environmental benefits aside, billionaire Elon Musk’s polarising Cybertruck may be a strategic misfire given its price, big R&D costs and murky sales outlook.

The major privacy update means Meta will no longer be able to see the contents of messages and brings Facebook and Messenger in line with the company’s other platform, WhatsApp.

An Australian generative AI content production platform, Leonardo.Ai, has already amassed 7 million global users – who are creating 4.5 million images each day on its platform. Now, it’s raised $47 million to keep users creating.

A pared-down version of Gemini is available in Google’s AI chatbot Bard.

Apple did not release new iPads this year, contributing to a decline in sales for the device, which combined with Macs make up 15% of Apple’s revenue.

The fast food burger chain announced it’s planning to expand with 10,000 new stores and new investments in AI.