Investment stories
Nearly 90% of executives managing supply chains and production seek to ramp up investment in generative AI, but there's a recognised need for advanced training and comprehension of the technology, Accenture's 'Pulse of Change' survey reveals.
UK businesses are set to ramp up IT modernisation spending by nearly 30% in 2024, with a hefty focus placed on investing in artificial intelligence.
Cognizant's Bluebolt programme is reportedly reshaping tech investment, driving an estimated $150m in annualised client savings and fostering over 130,000 solutions within its first year.
Canberra's Seeing Machines is set to invest $26m in the expansion of its partnership with a North American OEM, widening its initial programme to include 19 vehicle models marketed globally.
STACK Infrastructure reveals plans for a 220MW technology campus in Dallas, underlining its dedication to fulfilling rising tech infrastructure demand globally.
Over half of global tech firms plan to up investment in user-friendly software design amid increasing importance of digital accessibility.
Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.
Data Army has launched the Australia Post Movers Statistics dataset on Snowflake, aiding real estate firms in strategic planning and decision-making with enriched data insights.
AI brings transformative potential to Australia's manufacturing sector, but challenges remain in tech capabilities and data management that must be addressed.
AI, cybersecurity, and tech skills dominate the 2024—25 Federal Budget, but experts say more support for startups is essential for long-term innovation.
Despite addressing innovation and renewable energy, Australia's recent budget missed crucial investments in cybersecurity, raising AI threat concerns.
Cardiff Council has selected Telcom Group to deploy the next phase of its full fibre internet network, aiming for 100% coverage by 2025.
Sprout Agritech invests $1m in Metrovate, a startup marrying computational methods and agri-science to produce precision biostimulants.
Janine Grainger discusses the dangers of an excessive focus on sensational crypto headlines, stressing the importance of understanding broad market dynamics for astute investment.
Australia's healthcare sector faces an increase in potentially fatal ransomware attacks, highlighting the importance of prioritised cybersecurity amidst digital transformation.
Alphinity Investment Management and Australia's CSIRO develop Responsible AI framework to bridge gap between AI sector investments and traditional ESG principles.
In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.
London-based fintech, Mnaara, provides the world's first platform in accordance with specialised finance principles, granting direct access to global private equity funds.
The IMF forecasts a potential 16% growth in the UK economy due to AI adoption, highlighting the nation's strong digital infrastructure.
