Billionaire Jack Dorsey thinks AI will kill middle management
Billionaire Jack Dorsey says AI could replace middle managers. After cutting 4,000 jobs at Block, he may already be putting that idea to work.
Technology
OpenAI valuation reaches $852 billion after massive funding round
The record-breaking funding round comes as the AI company reportedly lays the groundwork for going public.
The wearable banned at the Australian Open is now worth $14.7 billion
It made a controversial splash at this year’s AO, and now supports Aussie AFL and NRL athletes. Whoop wearables are making their mark in Australia, as the Boston-based company reaches decacorn status.
What to know about the AI robot—and its billionaire owner—that appeared with Melania Trump
The robot gave opening remarks at a technology education summit held at the White House.
The Melbourne doctor who built a $660m health AI company just launched hardware
Leveraging Point72 and Blackbird’s backing, Melbourne-founded Heidi evolves its AI-driven health solutions.
Meet the AI company food conglomerates call when they want to future-proof their products
Backed by Jeff Bezos, Danny Meyer and other savvy investors, Matias Muchnick’s NotCo has created alternatives for Coca-Cola, Kraft Heinz, Ferrero and more food giants. And the appetite for change is only growing.
The $66 billion drain: Why exhausted leaders are costing Australia dearly
Every year, the Australian economy bleeds an estimated $66.3 billion. It is not lost to supply chain disruptions, regulatory changes, nor market volatility. It is lost to sheer, chronic exhaustion.
Meet the $9 billion AI company reimagining vibe coding
Amjad Masad’s Replit allows users to work together like they’re doodling on a white board. It also made him a billionaire along the way.
This startup’s AI beat 99% of humans in six elite hacking competitions
An Israeli startup let its AI loose in advanced cyber games. It did better than 125,000 humans.
Oil, interest rates, and why Australia is burning through its new fuel safety net
More than 700 million litres of fuel has been released from Australia’s stockpile, in order to get petrol and diesel into the hands and vehicles of rural customers. Here’s how long our reserves can last.