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Amelia McGuire

Yesterday

Data centres are power hungry.

Big super warned that AI is a carbon ‘time bomb’

Corporate Australia has taken to artificial intelligence with zeal but not enough attention is given to the emissions it creates, says the Australia Institute.

This Month

Immutable’s revenues are shrouded in a Cayman Islands mystery

Investor updates show the crypto video gaming business is making $4.6 million every month. Half seems to be “service revenue” from a Caribbean not-for-profit.

Pharmacy software entrepreneur Joe Zhou is expected to end up taking over what’s left of StrongRoom AI this week.

Collapsed pharmacy start-up StrongRoom sold, ending four-month saga

Liquidators will now have to wind up the existing company and possibly pursue its directors over alleged contraventions found in the administration process.

A pharmacy in Sydney’s Hunters Hill. StrongRoom AI was a company that helped pharmacies digitise records, but collapsed after its largest investor accused it of misleading financial figures.

StrongRoom deal sideswiped by ‘potential misappropriation’ query

The entrepreneur who struck an agreement to buy the software start-up’s assets is in dispute with his business partner, and denies any wrongdoing.

Kai Van Lieshout, founder Lyrebird.

This $50m medical scribe start-up says it can cure doctors’ admin pain

Lyrebird Health says more than 99 per cent of patients consent to their appointments being recorded by its medical scribe software.

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Misha Saul, left, the head of EVP’s Opportunities Fund, led a $17 million capital raising in StrongRoom AI, which was co-founded by Max Mito and Christopher Durre.

StrongRoom AI sale takes a twist after liquidation order

StrongRoom AI will be liquidated, but its fate is still uncertain after an 11th-hour bid for the assets of the controversial pharmaceutical start-up was lodged.

StrongRoom AI’s co-founders Max Mito and Christopher Durre pictured with EVP’s Misha Saul (left).

Creditors divided as StrongRoom sale D-day arrives

The fate of the disgraced pharmaceutical software start-up rests on the outcome of a high-stakes meeting on Thursday.

Commonwealth Bank chief executive Matt Comyn at the Financial Review AI Summit.

From ‘lucky country’ to ‘left-behind country’: Matt Comyn’s AI warning

Executives say Australia is in danger of falling behind as the rise of artificial intelligence creates a profound change in the way people and businesses work.

JJ Fiasson’s Leonardo AI has won The Australian Financial Review’s AI awards for 2025.

The winner of the AFR’s AI Trailblazer award talks life under Canva

Leonardo AI chief executive and co-founder JJ Fiasson has been honoured at the Financial Review AI Awards for 2025. Here’s how he got there.

A SpaceX rocket carrying 23 Starlink satellites pictured in Florida last year.

Telstra beats Optus, TPG in launching satellite text messaging

The telecommunications group says its customers can now send texts in areas that have no mobile reception.

Ravio co-founders Merten Wulfert, Wilson Griffiths, Raymond Siems, Evan Martin, Roy Blanga

$125m jobs start-up says AI roles have surged 500 per cent

Australian salary comparison platform Ravio says it’s used by more than 1200 tech companies across 40 countries. Its data shows AI jobs are booming.

May

NetComm created early Australian dial-up modems and was at one stage one of Australia’s most successful tech companies.

Canadian billionaire latest saviour of fallen Aussie tech pioneer

The 43-year-old company behind Australia’s first dial-up modem has been saved again, this time by steel magnate Clayton Zekelman.

Blockchain Global’s former director, Allan Guo, and CEO Sam Lee during happier times in 2014.

Ex-Blockchain Global director sought over $20m debt

ASIC accused Liang “Allan” Guo of failing in his director duties during his eight-year stint at the collapsed company.

Nvidia co-founder and chief executive Jensen Huang has held markets in his thrall in previous earnings calls..

Middle East’s Nvidia demand could add $1trn to AI market boom

Sovereign AI deals have become key to Nvidia’s strategy to entice customers beyond Silicon Valley and reduce its reliance on big tech companies, and China. 

Immutable Co-Founders James Ferguson (CEO), Robbie Ferguson (President) and Alex Connolly.

Executives head for the door at unicorn crypto start-up Immutable

Two senior executives on Friday announced their departure from the heavily funded tech company, which has shed a third of its staff in the past nine months.

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Getting medicated has never been easier, and Canberra is worried

Online prescriptions – for everything from weight loss to medicinal cannabis – is now a big business backed by Woolworths and NIB. But regulation is coming.

Canva and Atlassian employees are unionising in record numbers over fears they’ll lose their jobs to artificial intelligence.

Canva, Atlassian employees flock to unions amid AI job fears

Workers’ fears about losing their jobs to artificial intelligence bots has led to a surge in union membership at Australia’s two highest-profile tech companies.

Immutable co-founders James Ferguson (left) and Robbie Ferguson.

Tech unicorn Immutable cuts staff as AI bots pick up jobs

One of Australia’s most funded technology companies has shed more than 70 staff over the past nine months and embraced artificial intelligence programs.

Airwallex chief executive Jack Zhang.

Airwallex local losses deepen despite global boom

Financial services company Airwallex files most of its earnings in the Cayman Islands, but its local numbers show it fell deeper into the red in 2024.

The AI start-up growing faster than Canva

Blackbird Ventures says medical AI start-up Heidi Health is on track to make $23 million in revenue this year.

Original URL: https://www.afr.com/by/amelia-mcguire-p4yvpi