While the US pours billions into nuclear energy for its AI ambitions, Atlassian co-founder Scott Farquhar says Australia holds a key advantage to emerge as an unlikely victor in the AI race.
Mike Cannon-Brookes paints himself as a climate crusader. The use of his private jet tells a different story with the Bombardier 7500 ferrying the Atlassian billionaire and his girlfriend around the globe.
Mike Cannon-Brookes had no qualms axing 150 staff remotely over Atlassian’s answer to Zoom – Loom. But a Canberra speech by his co-founder Scott Farquhar? That was worthy of attendance IRL.
Australia can play a world-leading role in the development of data centres, Atlassian billionaire Scott Farquhar has claimed, a move he says could help the nation become a leader in artificial intelligence innovation.
A $29bn tech mogul’s attempt to establish his post-Atlassian identity hit an awkward note when his co-founder watched him promote the rise of AI and then defend the company’s latest job cuts, blamed on AI.
Atlassian’s famed policy ‘Open Company, No Bullshit’ was on show when the Mike Cannon-Brookes delivered staff cuts to 150 employees at 8am on Wednesday. They will be replaced by AI.
Atlassian’s Scott Farquhar, Cochlear’s Doug Howitt and Business Council of Australia push for $1.4bn R&D tax incentive.
Atlassian’s rival Slack chats, powerful cliques and all-staff meetings that led to people being ‘hunted down’. And why Scott Farquhar wanted Mike Cannon-Brookes to exit with him.
Negotiations surrounding the Cannon-Brookes divorce are believed to be one of the reasons for a deal-making drought at the $1.5bn climate focused private investment group.
They were once the country’s most famous, and inseparable, ‘tech bros’. But tensions at work that not even a counsellor could solve – and wives who ‘couldn’t stand each other’ – led to one of the biggest break-ups in Australian corporate history.
The tech billionaire’s ambitious Sun Cable renewable project has been hit by a string of executive exits, adding to uncertainty over the development.
The historic Sydney estate Elaine is being carved up for sale by developers starting at $50m apiece. Here’s who is behind the radical plan after the property was bought for $130m from Scott Farquhar, who never lived in the crumbling residence.
The software billionaire wants to deliver one of the world’s biggest renewable energy projects. But a maiden $US100m capital raising campaign has failed to convince outside investors to back his decarbonisation dream.
Mike Cannon-Brookes made his money in software with Atlassian, and has big renewable energy aspirations with the SunCable project. But easy funding is proving elusive.
Sydney-based edtech platform is expanding to the US, bolstering its operations with key hires from Atlassian, as it seeks to combat skill shortages and help school leavers.
The Atlassian billionaire says Australia should have the cheapest energy prices in the world and called for more renewable projects, saying ‘constraining power’ was ‘madness’.
The software billionaire says he is glad Australians ‘rejected extremism on the left or right’ as he accelerates a plan for start-ups to donate more equity to social causes.
The software titan has booked a quarterly loss as it spends heavily on artificial intelligence – a move chief executive Mike Cannon-Brookes says will strengthen the company amid a ‘turbulent’ global economy.
Stocks rise as China’s official statement after US outreach on trade talks signals thawing in relations. Block, Corporate Travel shares dive on tariff uncertainty. CBA hits new intraday, closing records.
The Atlassian billionaire is hatching his own plans to go to Mars – well at least sell software there – and already has a head start on Elon Musk to fulfil a long-held dream.
Mike Cannon-Brookes’ software empire has secured access to the US public service and federal agencies, saying it can accelerate productivity amid heavy cost-cutting from Donald Trump.
An Aussie billionaire and ardent climate change campaigner has just bought a private jet, but says he feels a ‘deep internal conflict’ about it.
Mike Cannon-Brookes believes his flagship software will give Formula One team Williams an edge at the Grand Prix – and it will come down to milliseconds.
An Atlassian survey of 12,000 workers across six countries has concluded they lose almost 10 hours a week hunting information buried in email threads, Slack channels and siloed systems.
A sacked executive of Mike Cannon-Brookes who used a personal email to send 1000 files to Annie Cannon-Brookes must hand over his phone and other devices after being accused of leaking confidential information.
Amid a $23bn divorce, Mike Cannon-Brookes is suing the absolute pants off of a once-trusted family office executive, claiming corporate skulduggery has been afoot.
As new sponsor for Williams, the Atlassian billionaire says Formula 1 can show the world that it’s possible to achieve net zero emissions.
China’s DeepSeek is less than two years old – demonstrating that under the right infrastructure and investment, innovation is fast to follow. Australian needs to take notice.
While names like Atlassian, Canva and Afterpay are well-appreciated tech stars, the dramatic transformation of this local company has been relatively overlooked.
The personal fortunes of two of the nation’s richest businessmen rocketed by a massive $4bn on paper Friday when investors responded to their tech company beating revenue expectations.
Original URL: https://www.theaustralian.com.au/topics/scott-farquhar