Investing

The capital will fuel Morse Micro’s international expansion, scale production and support its transition to IoT 2.0.

Elon Musk’s artificial intelligence firm xAI will hold a funding round valuing the company at $200 billion, according to CNBC, keeping up with or nearing massive valuations from competitors like Anthropic and OpenAI.

India, France, the UK and the UAE are already building sovereign AI. An Aussie LLM needs 30 billion parameters, and can protect against offshore policy shifts, price shocks, and opaque black-box systems.

Trump hinted the Murdoch heir might play a role in the deal to avoid shutting the app down in the U.S.

Atlassian has made its second billion-dollar AI acquisition in less than a month, announcing a US$1 billion (AU$1.54bn) deal to acquire DX, a Salt Lake City-based startup that helps engineering teams measure the real-world impact of AI on productivity. The acquisition, expected to close in Q2 FY26, is being paid for with a mix of cash and restricted stock.

Nvidia’s investment in its struggling rival comes less than a month after the U.S. government took a 10% stake in Intel.

CEO Mark Zuckerberg claimed the company’s new Meta Ray-Ban Display are “ideal form factor for personal superintelligence.”

Atlassian’s Mike Cannon-Brookes has welcomed a $38.5 million state commitment to Tech Central, which includes $5 million for a new innovation hub and a governance model to steer Sydney’s largest tech district.

The generative AI platform says it’s rolling out a new set of protections to keep under 18s ‘safe’, including parental control features.

Sydney Airport has released its draft Master Plan 2045, outlining the biggest redevelopment since the Olympics. The plan includes a new super terminal, expanded freight capacity, more than 30 million extra passengers a year, and a net zero pledge. Here are the key details.