News

Scalare snaps up Tank Stream Labs in $5.5m deal

ASX-listed tech accelerator Scalare Partners has acquired Tank Stream Labs in a $5.5 million deal, expanding its footprint in the early-stage tech ecosystem and bolstering its founder-focused offerings at...

Early Career Researcher boost in ARC grants overhaul

New standalone schemes for ambitious exploratory research ideas and early career researchers will be part of generational changes to publicly funded research grant programs. The schemes were locked in...

DroneShield to expand Sydney footprint with new $13m facility

Australian counter-drone device-maker DroneShield will invest at least $13 million in a new Sydney-based manufacturing and in-house assembly facility to meet surging demand for its sovereign defence technologies. The...

Optus-led consortium to build sovereign LEO satellite

An industry-government consortium led by Optus will build a low-Earth orbit satellite (LEOSat) in Australia, opening the door to a future constellation of sovereign satellites to rival Elon Musk’s...

Paris prosecutors ask police to join investigation of X

A French probe into Elon Musk’s social media platform X deepened on Friday, when the Paris prosecutor’s office said it had enlisted police to investigate suspected abuse of algorithms...

China’s Moonshot AI releases new open-source model

Chinese artificial intelligence startup Moonshot AI released a new open-source AI model on Friday, joining a wave of similar releases from local rivals, as it seeks to reclaim its...

Space Agency advisory board is empty after 12 months

The Australian Space Agency remains without an advisory board more than 12 months after it was emptied as part of a far-reaching review of the agency’s governance arrangements. The...

Gig Guide: Stephen Jones appointed Australia’s OECD ambassador

Former Assistant Treasurer Stephen Jones has been appointed as Australia’s next Ambassador to the Organisation for Economic Cooperation and Development (OECD) in Paris. Foreign Minister Penny Wong and Treasurer...

Digital health accelerator ANDHealth+ secures $33m boost

Australia’s flagship digital health accelerator program ANDHealth+ has secured $33 million in fresh funding from the federal government to expand its support for high-growth digital and connected health startups,...

EU unveils AI code of practice for companies

The European Commission on Thursday unveiled a draft code of practice aimed at helping firms comply with the European Union’s artificial intelligence rules and focused on copyright-protected content safeguards...

News Wrap: The Horizon Europe giant looms into view

The Australian Academy of Science’s Shine Dome in Canberra was the venue for a detailed and surprisingly upbeat briefing on the Horizon Europe research funding program this week. It...