Microsoft signs a five-year, ~$9.7B deal to buy AI compute capacity from Sydney-based IREN, giving Microsoft access to Nvidia's GB300 in IREN's Texas facility
Microsoft Corp. has signed a roughly $9.7 billion deal to buy artificial intelligence computing capacity from IREN Ltd., becoming the Australian company's largest customer.
Sydney-based Lorikeet, which provides AI agents it describes as “customer concierges”, raised a AU$54M Series A led by QED Investors at a AU$200M+ valuation
Not Just Chatbots FinSMEs : Lorikeet Raises $35M USD Series A Funding LinkedIn: Paul Smith : Lorikeet, a two-year-old Sydney start-up that is making waves globally in the red-hot artificial intelligen...
Amazon plans to invest ~$13B in Australia from 2025 to 2029 to develop its data center infrastructure, as demand for cloud computing and AI grows in the country
The investment, in the Sydney and Melbourne data centers, is the biggest ever in Australia by a global technology company, Prime Minister Anthony Albanese said.
Sydney-based Harrison.ai, which uses AI to analyze CT scans, X-rays, and pathology slides, raised a $112M Series C, after a ~$92.3M Series B in November 2021
Kate Park / TechCrunch :
X refuses to remove a video of the stabbing of a Sydney bishop watched by Axel Rudakubana minutes before murdering three kids in UK's Southport last summer
Axel Rudakubana was able to view Australian clip before murdering three young children despite pleas from authorities
Sydney-based Sitemate, which offers no-code software tools for industries like infrastructure and utilities, raised a AU$27.5M Series A at a ~AU$150M valuation
Shivaune Field / Forbes Australia :
Sydney-based Canva announces a price increase, including hikes of 300% for some users, citing its new AI and generative AI features, as it prepares for a US IPO
Not so affordable anymore. — Canva has announced a price increase of 300 per cent for some of its users …
BSODs hit thousands of Windows PCs due to “a defect” in an update from CrowdStrike, taking banks, airlines, and more businesses offline; Microsoft is aware
or CrowdStrike Microsoft : HELPFUL LINKS — Get notified of outages that impact you — Building reliable applications on Azure The Record : IT teams scramble to recover from CrowdStrike incident as ...
Australian data center operator NextDC is raising AU$1.32B of equity to accelerate development and fit-out of centers in its core Sydney and Melbourne markets
Stuart Condie / Wall Street Journal :
Elon Musk sues OpenAI and Sam Altman, accusing them of betraying OpenAI's founding agreement to develop an AGI for the “benefit of humanity” rather than profit
“It's a fun complaint to read; it fundamentally accuses OpenAI & its CEO, Sam Altman, of pretending to run a nonprofit designed to benefit humanity while actually running a regular ol' tech company & ...