Author: Justin Hendry

US dollar drags Breakthrough Victoria to $5.7m loss

Posted on   |  by Justin Hendry
A US dollar-heavy portfolio helped drag the Victorian government’s embattled venture capital fund to a $5.7 million loss last financial year, offsetting its growing investment returns. Breakthrough Victoria posted...

NSW RNA research facility on track for 2026 opening

Posted on   |  by Justin Hendry
A cutting-edge RNA research facility promised to New South Wales more than four years ago will open its doors by next summer, delivering first-of-its-kind vaccine research and manufacturing capability...

Licence-free defence trade soars under new export regime

Posted on   |  by Justin Hendry
Australian defence firms shipped more than $150 million in military goods to the United States and United Kingdom without a licence over the past year under the new export...

Tasmania moves on digital driver’s licences

Posted on   |  by Justin Hendry
The Tasmanian government is taking its first steps towards a digital driver’s licence by funding a business case for a future rollout, as another jurisdiction hits the brakes to...

NRF backs brain tech startup Synchron in $305m Series D

Posted on   |  by Justin Hendry
The National Reconstruction Fund has taken a $54 million stake in Synchron, the Melbourne-founded startup developing a non-invasive brain-computer interface that rivals Elon Musk’s Neuralink, as part of a...

Microsoft to refund millions after hiding cheaper plans

Posted on   |  by Justin Hendry
Microsoft has apologised and offered refunds to millions of Australians allegedly duped into sticking with pricier subscriptions featuring access to its Copilot AI tool. The Australian Competition and Consumer...

Australia is facing an ‘AI divide’, new national survey shows

Posted on   |  by Kieran Hegarty, Anthony McCosker, Jenny Kennedy, Julian Thomas and Sharon Parkinson
In the short time since OpenAI launched ChatGPT in November 2022, generative artificial intelligence products have become increasingly ubiquitous and advanced.These machines aren’t limited to text – they can...

French court probes TikTok for algorithms promoting suicide

Posted on   |  by Geert De Clercq
French judicial authorities have opened an investigation into Chinese social media platform TikTok and the risks of its algorithms pushing young people into suicide. Paris prosecutor Laure Beccuau on...