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Andreessen Horowitz to raise $33.5 billion AI megafund

Venture capital firm Andreessen Horowitz is seeking to raise about US$20 billion ($33.5 billion) in what will be the largest fund in its history, to capitalise on global investors’...

White House orders expansion in US government use of AI

8 April 2025 | by James Riley

Donald Trump’s Executive Office has ordered federal agencies to name a chief AI officer, develop strategies for expanding their use of artificial intelligence, and to make the purchase of...

‘Very undeveloped’ AUKUS tech pillar under the microscope in UK

3 April 2025 | by Joseph Brookes

The advanced technology pillar of the AUKUS agreement is going under the microscope in the UK, with a new parliamentary inquiry to probe whether there is “sufficient clarity” on...

Coalition pledges ‘Investment Australia’ for faster project approvals

2 April 2025 | by Joseph Brookes

A Coalition government would amalgamate private investment facilitation functions into a new body with “call in” powers to scrutinise hold ups, shadow treasurer Angus Taylor announced on Wednesday as...

OpenAI closes $64bn funding round to boost AI efforts

1 April 2025 | 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,...

CommBank heads offshore in search of AI leadership

27 March 2025 | by David McClure

The Commonwealth Bank is heading offshore to get closer to the world leading technology developments – particularly in artificial intelligence – unveiling plans for a dedicated tech hub in...

A Budget with ‘no clear ambition’ on AI: Industry reactions

26 March 2025 | by Justin Hendry

Australia’s tech sector has reacted with disappointment to Treasurer Jim Chalmers’ fourth Budget, saying with the absence of significant new investment in artificial intelligence and the digital economy, the...

In Europe, investors say clock is ticking for AI adopters to deliver

26 March 2025 | by Lucy Raitano

European companies that are spending big on generative artificial intelligence need to start showing returns on their massive outlays by next year, or risk investors losing patience after they...

‘Dangerous precedent’: Govt MIA on AI safety institute pledge

24 March 2025 | by Justin Hendry

The Albanese government is facing growing calls to make good on its commitment to set up an AI Safety Institute, with Australia the only signatory of an almost year-old...

Husic’s AI regulatory plans upended by freewheeling Trump

21 March 2025 | by James Riley

The federal government has hit pause on plans to regulate AI through the imposition of mandatory guardrails, upended by a fast moving and freewheeling Trump administration that is headed...

Tag: AI

Andreessen Horowitz to raise $33.5 billion AI megafund

White House orders expansion in US government use of AI

‘Very undeveloped’ AUKUS tech pillar under the microscope in UK

Coalition pledges ‘Investment Australia’ for faster project approvals

OpenAI closes $64bn funding round to boost AI efforts

CommBank heads offshore in search of AI leadership

A Budget with ‘no clear ambition’ on AI: Industry reactions

In Europe, investors say clock is ticking for AI adopters to deliver

‘Dangerous precedent’: Govt MIA on AI safety institute pledge

Husic’s AI regulatory plans upended by freewheeling Trump

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