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Enterprise

Microsoft Australia layoffs hit local staff in 4,800 cuts

Microsoft Australia layoffs will affect local staff as the software group cuts 4,800 jobs worldwide and shifts spending towards AI engineering.

By Soren Chau
AI

Claude outage: Anthropic fixes worldwide error spike

Claude outage hit users worldwide early Wednesday AEST as Anthropic logged elevated error rates across multiple models before saying service normalised.

By Asha Iyer
Startups

Ovum seed funding: women's-health AI startup raises $4m

Ovum seed funding adds $4 million for an AI-driven women's-health data platform, as the Australian startup scales beyond 20,000 downloads.

By Jules Hartman
Enterprise

AI Data Centres Drive 76% Power Price Surge as Australia Watches

Wholesale power prices on America's largest grid jumped 76 per cent in Q1 2026, with data centre demand adding $13 billion to customer bills. Australia's own data centre boom is replaying the same dynamic.

By Soren Chau
Enterprise

Jassy at Five Years: Inside Amazon's $200 Billion AI Overhaul

Five years into Andy Jassy's tenure as Amazon CEO, a leaner, more disciplined company has placed a $200 billion bet on AI infrastructure — a shift with direct implications for the Australian enterprises that run on AWS.

By Soren Chau
Policy

US and China Will Begin AI Safety Talks, Bessent Says

The United States and China will begin formal discussions on artificial intelligence safety guardrails, US Treasury Secretary Scott Bessent said during President Donald Trump's summit with Chinese President Xi Jinping in Beijing.

By Marnie Blackwood
AI

Nvidia faces $US78.8b earnings test as BofA lifts target on AI chip demand

Nvidia heads into its 20 May quarterly earnings with consensus revenue near $US78.8 billion as Bank of America lifts its price target and analysts point to surging demand for Blackwell B300 AI chips.

By Asha Iyer
Enterprise

Gong surpasses $US500m ARR as AI sales platform growth accelerates

Gong has surpassed $US500 million in annual recurring revenue, growing more than 55 per cent year-on-year in its tenth consecutive quarter of accelerating growth, as enterprise AI adoption reshapes the sales technology market.

By Soren Chau
Enterprise

WiseTech Staff Blast Handling of AI-Led Redundancies: 'We Are Human'

WiseTech staff have confronted management over a drawn-out AI redundancy program cutting 2,000 roles, as the logistics software giant also loses major customer DSV in a $207 million annual revenue blow.

By Soren Chau
Enterprise

AWS Australia Boss: Skills Gap, Not Tax, Brakes AI Adoption

AWS ANZ boss Chris Casey says Australia's AI skills gap is the biggest barrier to adoption as the cloud giant pours $20 billion into local data centres.

By Soren Chau
Policy

Budget boosts AI, but cyber gaps remain, industry warns

The 2026-27 federal budget commits billions to AI and digital infrastructure, but cybersecurity spending tilts toward large institutions while SMEs remain exposed.

By Marnie Blackwood
Policy

Greens win Senate inquiry into AI data centre energy use

The Australian Senate has launched a six-month inquiry into the environmental and energy impacts of AI data centres as a $40 billion investment pipeline meets limited federal oversight.

By Marnie Blackwood
AI

Microsoft's Elevate for Educators lands in Australia with 12,500-teacher pilot

Microsoft has launched its Elevate for Educators program in Australia, with Brisbane Catholic Education's 12,500-staff Copilot rollout across 140 schools serving as the flagship pilot for a national AI skilling push that includes a pledge to train three million Australians by 2028.

By Asha Iyer
AI

Adobe's Firefly AI Assistant is a platform bet, not a feature launch

Adobe's Firefly AI Assistant can run six Creative Cloud apps from one prompt. The 100-tool integration is a platform play — and it only works if the reliability holds.

By Asha Iyer
AI

Apple outsources Siri to Google's Gemini in $US1b-a-year AI deal

Apple has confirmed a multi-year partnership with Google to rebuild Siri on Gemini AI models, targeting a launch later this year despite testing delays that have already pushed the rollout from March to at least mid-2026.

By Asha Iyer
AI

AWS and Versent sign five-year AI cloud pact

Amazon Web Services and Sydney IT consultancy Versent have signed a five-year Strategic Collaboration Agreement aimed at accelerating AI and cloud adoption across Australian government and enterprise.

By Soren Chau
Startups

L'Oréal opens Big Bang 2026 for Australian startups

L'Oréal has opened applications for its 2026 Big Bang Beauty Tech Innovation Program. Australian startups can compete for commercial pilot opportunities across 35 markets in South Asia Pacific, Middle East and North Africa.

By Jules Hartman
Cybersecurity

CTV ad fraud surges 140 per cent as AI-powered schemes spread globally

Connected TV fraud schemes jumped 140 per cent in the March quarter, with AI-powered bot attacks and data centre traffic costing advertisers US$1.8 million per billion unprotected impressions, according to new research from DoubleVerify.

By Reza Khalil
Fintech

Australian investors pour $1.5 billion into US tech ETFs in 2026

Australian capital is racing into US tech ETFs at a record pace, with $1.5 billion in inflows year-to-date and $230 million in May alone. Fund managers say the AI earnings cycle is the driver — but the concentration of gains in a handful of stocks is giving some investors pause.

By Yusra Ahmadi
Consumer Tech

Apple agrees to $US250m settlement over iPhone AI advertising claims

Apple has agreed to pay $US250 million to settle a US class action over misleading Apple Intelligence advertising. Australian buyers of iPhone 16 and 15 Pro models can claim $25-$95 per device.

By Pip Sanderson
Enterprise

Acacia Systems lands $1.6m to build AI undersea surveillance for the Navy

Adelaide-based Acacia Systems will develop AI-powered undersea threat detection technology for the Royal Australian Navy, backed by $1.6 million in South Australian Government funding through the Defence Innovation Partnership's Activator Fund.

By Soren Chau
AI

Atturra joins AI business platform startup monō ai as founding partner

Australian consulting firm Atturra has joined monō ai, the AI business platform founded by Lendi Group co-founder David Hyman, as a founding partner — pairing enterprise consulting reach with a platform built to close the gap between AI pilots and production deployment.

By Asha Iyer
AI

IREN signs $US3.4b Nvidia AI cloud contract, founder slams Australian regulation

Sydney-founded IREN has signed a five-year, $US3.4 billion managed cloud deal with Nvidia, and used the announcement to renew its founder's public criticism of Australian listing rules, planning timelines and grid connections.

By Asha Iyer
Startups

Mary Technology adds drafting and financial analysis to FMS platform

Sydney legal-tech start-up Mary Technology has added bank-statement analysis, custom chronologies and template-based drafting to its Fact Management System. The two-year-old company says more than 3,000 lawyers across 100-plus Australian firms now use the platform.

By Jules Hartman
AI

ElevenLabs opens Sydney office, names Damian Naughton ANZ general manager

Voice AI company ElevenLabs has opened its first regional office in Sydney and named former Slack executive Damian Naughton as ANZ general manager. The London-headquartered firm plans to triple local headcount as Australian enterprise demand for voice agents accelerates.

By Asha Iyer