Innovation and science have been excised from the Western Australia public service, with the government dropping the words from the title of a key department as part of a...
News
Posted on
| by Jaspreet Singh and Harshita Mary Varghese
OpenAI said on Monday it would raise US$40 billion (A$64 billion) in a new funding round led by SoftBank Group at a US$300 billion valuation to advance AI research,...
Posted on
| by Justin Hendry
Banning non-compete clauses for the majority of Australian workers would remove a significant barrier to entrepreneurship, turbocharging the creation of startups while continuing to protect intellectual property and trade...
Posted on
| by Justin Hendry
Australia and its AUKUS partners have launched the second trilateral innovation challenge, this time calling for technologies that aid the “synchronisation and teaming” of undersea systems. Defence’s Advanced Strategic...
Posted on
| by James Riley
The National Reconstruction Fund Corporation has ploughed $15 million of fresh capital into Canberra-based quantum outfit QuintessenceLabs as the dominant lead investor in a $20 million round. QuintessenceLabs founder...
Posted on
| by James Riley
The NSW government has launched an in-house Expert Advisory Network (EAN) aimed at reducing public sector reliance on outside consultants and making better use of existing expertise. Set up...
Posted on
| by Faith Hung and Ben Blanchard
TSMC said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island’s economy and that it will continue to expand in Taiwan, following...
Posted on
| by Jo-An Occhipinti, Ante Prodan, and Roy Green
As generative artificial intelligence (GenAI) reshapes everything from healthcare to productivity, it’s triggering a global scramble – not just for data and chips, but for electricity. Can Australia’s renewable...
Posted on
| by Joseph Brookes
A ten-year plan for NSW has set lofty goals to add an additional 1,800 innovation intensive firms and $27 billion to the economy, while cementing the state as Australia’s...
Posted on
| by Justin Hendry
Fleet Space Technologies says a sovereign satellite communications system for Australia’s military is still feasible, after delivering a low-Earth orbit satellite project to Defence. As Australia explores a militarised...
Posted on
| by Greg Bensinger
Elon Musk’s xAI has acquired X in a deal that values the social media platform at US$33 billion (A$52.5 billion) and allows the value of his artificial intelligence firm...
Posted on
| by Joseph Brookes
A Melbourne AgTech spinout that can dynamically space growing vegetables to increase leafy green yields by 40 per cent has secured $1 million in seed funding from La Trobe...
Posted on
| by Justin Hendry
Australia will follow the United States and set up a new office dedicated to selling sovereign defence capabilities, including high-tech combat drones and radar technology, to international security partners....
Posted on
| by Joseph Brookes
The federal government’s in-house consulting unit’s new funding is only for one year and the total amount of that funding will remain undisclosed, officials revealed Thursday after Budget papers...