NewsBite

Innovation

February

Bankers will soon be using AI “agents” to help them service customers.

Westpac works with Accenture to deploy AI agents

The bank has already used agentic AI to assist its engineers move code to new cloud-based systems. Triaging mortgage applications could follow.

Jamila Gordon, founder and CEO of Lumachain, photographed in Chicago.

How Jamila leapt from Somalian village to VC-backed AI firm

Jamila Gordon came to Australia thanks to the kindness of a stranger. Studying here transformed her life – and now she’s changing the food industry.

Industry and Science Minister Ed Husic.

Labor is throwing money at quantum but drowning AI in regulation

The unanswered question is how can any country effectively regulate a fast-changing emergent technology and expect to be competitive in the global digital economy.

Sanjeev Gupta.

Bigger story behind Sanjeev Gupta’s faltering empire

Readers’ letters on the need for a new model of capitalism; improving students’ literacy; culture wars hurting innovation; CBA’s share price; and robot dogs.

Forever Projects founder Mark Dombkins.

Tech heavyweights back ‘tenacious’ unlikely social entrepreneur

Airtree Ventures, Canva and OIF are among supporters of Forever Projects, a charity started by Wollongong maths teacher Mark Dombkins that is running like a start-up.

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Robyn Denholm, chair of the review of Australia’s R&D system, says over the past 25 years Australia has “slid steeply backwards”.

Australia’s critical slide in R&D is now a national emergency

In a world reshaping through emerging technologies, the nation needs to put innovation at the centre of its competitive DNA to set up its fortunes for decades.

Robyn Denholm says Australia has “been making excuses for 30 years” about the lack of R&D investment.

‘National emergency’ as Australia falls $25b short in R&D

Tesla chair Robyn Denholm and Industry Minister Ed Husic say Australia risks falling behind unless big business spends more on inventing new products and ideas.

Former Chief Executive Officer of the Technology Council of Australia, Kate Pounder.

Quotas won’t produce more female founders in VC. Here’s what will

Filling innovation funding gaps will boost female founders, suburbs and regions, former Tech Council chief executive Kate Pounder says.

January

CBA to offer loans for prefab homes, a sector it once shunned

Banks, long reluctant to lend for prefab home purchases, are now embracing the sector, which CBA expects to more than triple in value over the next decade.

Meta boss Mark Zuckerberg and MMA fighter Brandon Moreno, demonstrate some augmented reality glasses during its Meta Connect event last September.

Is big tech’s AI future really what we’re looking for?

The race is on to build the fastest, most efficient AI models and hopefully tech companies will start developing the products we want to use.

Changpeng Zhao, former chief executive officer of Binance.

Crypto’s richest man turns firm into family office

Changpeng “CZ” Zhao, out of prison and worth more than $110 billion, is turning the former venture capital arm of his Binance Holdings into a family office.

Behind the cartoon version of the Australian Open going wild online

It started with an attempt to help visually impaired tennis fans. The cartoon feeds of the world’s best tennis players are a sign of a greater shift in consumption.

December 2024

Elon Musk

This is why the US military takes Elon Musk’s Martian dream seriously

The Pentagon figures a rocket transport system could shuttle troops and weapons to Asia within 90 minutes if a war broke out with China – and SpaceX’s Starship rocket is about a decade ahead of any rival.

Fiona Wood spearheaded the creation of Avita Medical’s spray-on skin in the 1990s and early 2000s.

Time to reverse the R&D slide

I encourage everyone with an interest in our long-term prosperity to engage with the review of the system so we get the best possible recommendations.

Tesla chair Robyn Denholm will lead the review on behalf of the government.

Tesla’s Robyn Denholm to lead review of R&D settings

The Albanese government has ordered the first review of research and development spending in Australia in almost 20 years.

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November 2024

Venture capital is not all Canva and Culture Amp.

Dear VC, can you please improve our farming industry?

Fruit and vegetable growers have called in the white sneaker brigade to solve the horticulture sector’s problems and open up new markets sooner.

Cicada boss Sally Ann Williams.

A top CEO reveals what you shouldn’t do in a job interview

Cicada Innovations chief Sally-Ann Williams discusses tips when trying to advance your career, and the thing she does every morning to make better decisions.

Aphantasia: What it’s like when your mind’s eye is blind
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Aphantasia: What it’s like when your mind’s eye is blind

When a viral tweet made Yolanda Redrup realise she couldn't create a picture in her mind it changed her understanding of herself and the world around her.

cartoon image

How to give customers and investors what they want

Meeting the expectations of increasingly demanding customers while satisfying investors with strong returns requires more than just good intentions.

October 2024

Neara’s co-founders Daniel Danilatos, Karamvir Singh and Jack Curtis are seeing international expansion opportunities.

PE giant buys in as Aussie AI infrastructure start-up raises $45m

Swedish private equity giant EQT is one of the lead investors in a $45 million funding round at Australian AI infrastructure start-up Neara.

Original URL: https://www.afr.com/topic/innovation-5yn