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Deputy’s chief executive Silvija Martincevic said the company made big investments in AI and its international business.

AI spending hits bottom line at local tech stars

Three of Australia’s leading private software firms are spending big to keep up in the arms race, but the investment is yet to translate into higher earnings.

Eucalyptus chief executive Tim Doyle said the heavily-backed start-up is currently cash flow break even.

Eucalyptus revenue surges on UK appetite for weight-loss drugs

The high-profile Australian start-up more than doubled its revenue in the year ending June 30, driven by strong demand in the UK market.

TikTok’s big Australian data centre dream hits Chalmers stonewall

The Chinese-owned social media giant has asked Australian operators for proposals to build capacity here but is struggling for foreign investment approvals.

Forget AI, seaweed is the new hot destination for venture capital

A growing band of Australian start-ups are looking to scale up seaweed as a cleaner, greener material in a range of agricultural and industrial applications.

Google rules out Christmas Island data centre as AI race heats up

Top Google executive Bikash Koley met with Treasurer Jim Chalmers this week to lay out the company’s requirements to invest more in data centre infrastructure.

Virgin Australia signs deal to let ChatGPT make travel plans

The Australian airline says it is exploring building an app inside ChatGPT as part of a wider partnership with OpenAI.

Opinion & Analysis

No one needs these gadgets – which makes them the perfect gifts

People who have it all probably don’t have bluetooth dice, colour-conscious toasters or any other of these unwanted but irresistible gizmos.

Columnist

John Davidson

The Big AI Short? Right now, it’s these 4 trades

It’s not that long ago that Alphabet was being derided as the big technology firm most vulnerable to the artificial intelligence revolution. How things change.

Chanticleer

Columnist

Chanticleer

Hopeless at finding your belongings? This gadget is here to help

Journey’s LOC8 has come out with Bluetooth beacons that work on both iPhones and Android phones. But only one of those choices works well.

Columnist

John Davidson

DroneShield’s governance farce makes its trust problem worse

DroneShield’s governance shortcomings have been horribly exposed by the mass sell-down of stock by its CEO, chair and director. The company needs to grow up.

Chanticleer

Columnist

Chanticleer

Technology reviews

Hopeless at finding your belongings? This gadget is here to help

Journey’s LOC8 has come out with Bluetooth beacons that work on both iPhones and Android phones. But only one of those choices works well.

Dreame Matrix10 robovac
For Digital Life review by John Davidson

Dreame just solved the number one problem in robovacs

It’s not just your house that will stay clean with the new Matrix10 Ultra. The docking station will stay clean, too.

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November

Belinda Dennett chief executive of Data Centres Australia.

Tech giants plan blitz on laws that could block AI investment

Tech giants including Microsoft and Amazon will push for reforms to accelerate billions in AI investment as data centre spending spikes in Australia.

The market darling, the $50m share dump and the silent CEO

Jonathan Shapiro on the rise of DroneShield, why its CEO just dumped all his stock and whether the company can restore the faith.

No one needs these gadgets – which makes them the perfect gifts

People who have it all probably don’t have bluetooth dice, colour-conscious toasters or any other of these unwanted but irresistible gizmos.

AirTrunk founder and chief executive Robin Khuda on Wednesday.

Australian data centre approvals lag two years behind Asia: AirTrunk

CEO Robin Khuda said Australia’s artificial intelligence strategy should avoid following the lead of Europe where “no one wants to invest”.

Vornik’s Bondi North property, prior to the current renovation effort.

DroneShield’s collapse won’t stop Oleg Vornik’s Bondi Beach reno

It’s only a modest renovation, but it won’t help the CEO’s current efforts to avoid the public eye.

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Tim Doyle’s Eucalyptus operates online health brands Juniper, Pilot, Software and Kin, which offer digital consultations to treat a range of conditions, but is best known for offering weight loss drugs.

Eucalyptus set to be Australia’s next unicorn with $1.4b valuation

Eucalyptus is tantalisingly close to ruling off its $190 million latest funding round, upsized from the initial $100 million and $150 million target.

AI helps retailers navigate a volatile peak season across supply and delivery networks.

AI reshapes the holiday rush

Retailers are heading into one of the most volatile peak trading periods in years as inflation, shifting consumer behaviour and supply chain pressures collide.

Sponsored 

by Manhattan Associates

Alphabet chief executive Sundar Pichai has taken his company from AI pariah to hero.

The Big AI Short? Right now, it’s these 4 trades

It’s not that long ago that Alphabet was being derided as the big technology firm most vulnerable to the artificial intelligence revolution. How things change.

Ruminant Biotech’s technology is helping to reduce methane from livestock.

Marex bets on cow carbon credits, backs $132m NZ AgriTech

Auckland start-up Ruminant Biotech has picked up 14.8 million in Series A funding.

Some young candidates clamouring to get in the door of the finance industry are using AI to help them through the exhaustive process.

Wall Street wants everyone using AI – except its job applicants

The big firms are changing their hiring processes to weed out candidates leaning too heavily on artificial intelligence.

Components of a Nvidia GB3000 GPU.

Nvidia falls as AI chip rivalry with Google escalates

The potential challenge to Nvidia’s market dominance in artificial intelligence technology extended what’s been a rough trading month for its shareholders.

Macquarie Technology CEO David Tudehope says the company is exploring new ways to fund a $3 billion data centre project.

Macquarie Technology tests appetite to finance $3b data centre plan

The ASX-listed data centre group has told investors it is exploring new ways to finance giant new data centre projects.

AirTrunk CEO Robin Khuda on the roof of JHB1 in February. It is the first asset that new owner Blackstone has marked for sale.

Blackstone approves AirTrunk’s $1.5b data centre auction in Malaysia

It is the first data centre sale to come out of AirTrunk since it was acquired by Blackstone for $24 billion late last year.

Hopeless at finding your belongings? This gadget is here to help

Journey’s LOC8 has come out with Bluetooth beacons that work on both iPhones and Android phones. But only one of those choices works well.

Partners Daniel Szekely, Justin Lipman and Howard Leibman of venture capital firm EVP in Bondi Junction

EVP turns page on StrongRoom AI saga after raising $100m for new fund

While the venture capital firm courted controversy after calling the police on one of its own investments this year, its backers have not lost faith.

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Chronosphere founders Martin Mao and Rob Skillington.

Aussies sell their tech company to US giant for $5b

The sale of the tech entrepreneurs’ software company to cybersecurity giant Palo Alto Networks is one of the biggest deals of the year.

Droneshield’s shares have plunged after chief executive Oleg Vornik sold all of his shares in the company.

DroneShield’s governance farce makes its trust problem worse

DroneShield’s governance shortcomings have been horribly exposed by the mass sell-down of stock by its CEO, chair and director. The company needs to grow up.

Chief executive of DroneShield, Oleg Vornik.

Oleg Vornik defends $50m DroneShield share sale, citing risk to life

While the businessman has been circumspect about the reasons for offloading his entire stake, privately he has given an explanation to some investors.

OpenAI

What happens when OpenAI tweaks ChatGPT’s personality

In making its chatbot appeal to more people, OpenAI made it riskier. Now the company has made its chatbot safer. Will that undermine its quest for growth?

Dreame Matrix10 robovac
For Digital Life review by John Davidson

Dreame just solved the number one problem in robovacs

It’s not just your house that will stay clean with the new Matrix10 Ultra. The docking station will stay clean, too.

Original URL: https://www.afr.com/technology