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1 day ago | 
forbes.com.au | Mark Whittaker |Samuel Hussey |Shivaune Field
Amazon Web Services (AWS) has launched "AI Spring Australia," an initiative aimed at accelerating the adoption of artificial intelligence and generative AI technologies across various sectors. Amazon's cloud company, Amazon Web Services [AWS] has seen attendees at its annual summit quadruple in the last four years to 20,000 attendees as the importance of artificial intelligence has been hammered home to small business.
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2 days ago | 
forbes.com.au | Ty Roush |Anastasia Santoreneos |David Phelan |Mark Whittaker
Reddit on Wednesday sued Anthropic for alleged breach of contract, claiming the AI startup trained its models on its users' personal data without permission and continued to do so despite telling Reddit, which has struck licensing deals with OpenAI and Google, the company had stopped.
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5 days ago | 
forbes.com.au | Anastasia Santoreneos |David Phelan |Mark Whittaker |Richard Nieva
Last-mile delivery start-up Locate Technologies says it will stash cash in excess of its working capital in Bitcoin. Key Takeaways Locate Technologies, an ASX-listed last-mile delivery start-up founded in 2014 to improve the delivery experience for customers, has raised $1.45 million. The company says it will allocate cash in excess of its working capital requirement to Bitcoin.
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5 days ago | 
forbes.com.au | David Phelan |Mark Whittaker |Richard Nieva
When Apple releases its next iPhones this fall, it'll be clear whether reports of a thicker-than-ever iPhone Pro Max are true. How thick is too thick? A new video showing a dummy may give us clues and now the same source has provided us with a further picture of an iPhone 17 Pro dummy for comparison. More on that in a moment.
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1 week ago | 
forbes.com.au | Richard Nieva |Mark Whittaker |Yessar Rosendar
Satya Patel of Homebrew, No. 14 on this year's Midas Seed list, scouted companies like IPO-bound digital bank Chime and payroll unicorn Gusto long before they made it big. AsChime CEO Chris Britt sat in his San Francisco boardroom in 2015, he had a choice to make. The next-gen banking company was getting ready to introduce a new feature that rounds a transaction up to the nearest dollar amount and automatically transfers the difference to your savings account.
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1 week ago | 
forbes.com.au | Catherine Wang |Mark Whittaker |Ty Roush |Anastasia Santoreneos
Chinese billionaire Ma Huateng's tech giant Tencent is set to acquire a nearly 10% stake in K-pop agency SM Entertainment from billionaire Bang Si-hyuk 's rival agency Hybe, as thawing relations between China and South Korea have signaled a potential rise in demand for Korean cultural exports. Tencent Music Entertainment Group, Tencent's online music arm, will purchase Hybe's 2.2 million shares in SM Entertainment for 243 billion won ($176.6 million), according to a Hybe corporate filing Tuesday.
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1 week ago | 
forbes.com.au | Mark Whittaker |David Axe |Stephen Pastis |Iain Martin
David Carbon went from fixing washing machines in Melbourne to building Amazon's global drone fleet. Now he's eyeing Australian skies. David Carbon, the Australian leading Amazon's ambitious drone delivery program, wants to see its autonomous aircraft flying across his home country - preferably before he retires. But when asked for a timeline on that, or perhaps his age, Carbon sidesteps like a drone dodging a Hills Hoist. "Not immediately, but not in the too distant future ...
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1 week ago | 
forbes.com.au | Mark Whittaker |Will Yakowicz |Angelina Villa-Clarke
Vively has raised $1.6 million and partnered with Bupa to bring continuous glucose monitors to the masses. For founder Tim Veron, it's personal. Key Takeaways Vively announces it has raised $1.6 million in seed funding, led by Archangel Ventures with participation from Bupa Ventures and others. Vively has partnered with Bupa's health insurance arm to bring the cost of a continuous glucose monitors (CGM) with the Vively app and dietician coaching down to $99.
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1 week ago | 
forbes.com.au | Yessar Rosendar |Mark Whittaker |Ty Roush |Alex Knapp
WiseTech Global, the Australian logistics software company founded by Australian billionaire Richard White, plans to buy U.S.-based cloud computing firm E2open for $2.1 billion. The Sydney-based company signed a deal with E2open Parent Holdings to acquire the company for $3.3 per share in cash, according to a statement released on Monday.
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1 week ago | 
forbes.com.au | Mark Whittaker |Shivaune Field
Radiopharma therapies targeting prostate cancer are driving a new gold rush in biotech-and Australia is leading the charge with technology so advanced, even the former US President might want in. "The best treatment you can get for prostate cancer in the world right now is probably in Brisbane," says Andrew Adamovich, CEO and co-founder of radiopharma startup AdvanCell, when asked about former US president Joe Biden's prostate cancer diagnosis last week.
