Quarterly funding has hit a six-quarter high thanks to a surge in mega-deals, but AI is not attracting as many investors at the hype would have you believe, Cut Through Ventures’ latest report shows.
The AI boom undoubtedly resembles the dot-com bubble but with a difference. Back then, most startups carried the risks, while now, giant AI pioneers are unlikely to go broke. Rather, investors will suffer.
Data61 – the data and digital arm of Australia’s national science agency CSIRO – had four scientists nominated for APAC Women in AI awards. These two took home top prizes.
Temu has spent the most time in the number one spot across iPhone and Android app stores in 2024 as of June 15, according to market intelligence firm Sensor Tower.
The South Korean tech giant said it expects to rake in second quarter profits more than 15 times the size than it did the same time last year.
Blackbird and Atlassian Ventures led the $11.5 million seed funding round for Redactive AI – a Melbourne-based developer platform co-founded by former Atlassian product managers.
Tesla’s CEO said he would address the company’s challenges with child labor in its supply chain. But his high-tech solution doesn’t cut it.
Analysts remained optimistic for the electric vehicle maker, despite an expected decline in deliveries for the second-straight quarter.
The lawsuit was brought by a software engineer who alleged he was not hired by the tech giant because he was a U.S. citizen.
Emma Lewisham launched her namesake beauty brand in 2019 with a view to create luxury natural products. Five years on, she’s successfully penetrated the Australian and New Zealand markets – and sales are surging overseas.