Technology

Blackstone confirms to Forbes Australia it sealed a deal today to acquire Australian unicorn AirTrunk. The Canada Pension Plan Investment Board also participated in the deal.

Adani Energy Solutions will invest $476 million to build a 298-kilometer transmission line in the western Indian state of Gujarat.

Who is the richest man in the world? Who is the richest woman in the world? Forbes break down the top 10.

Interest in artificial intelligence continues to surge, as Google searches over the past 12 months are at 92% of their all-time peak, but recent research suggests AI’s success could be its downfall.

Up until now, Adelaide-headquartered startup Cropify has been bootstrapped by its co-founders. The fundraise will accelerate the commercialisation of the AI-driven technology domestically and set the company up to export its expertise internationally.

Musk has repeatedly lashed out at a Brazilian judge who has made several legal threats toward X over its non-compliance with multiple legal orders.

Apple and Nvidia are reportedly in discussions to join a major funding round for OpenAI. The new round of investment could push the ChatGPT-maker’s valuation above US$100 billion.

Nvidia shares are up more than 150% on the year amid a demand surge for its AI-powering chips.

Australia’s national carrier Qantas has seen its statutory profits after tax take a near-30% hit, which the airline says is due to moderating fare prices.

What stage are the 25 most disruptive technologies at, and when will they become reality? Gartner’s annual Emerging Technology Hype Cycle reveals what is on the frontier, and what has reached the peak of inflated expectations.