Australian financial technology startup Marloo has raised a USD10 million ($13.94 million) seed round led by Blackbird Ventures, to accelerate development of its AI tool for financial advisers.
OpenAI and Microsoft announced a reset of their partnership on Monday, which will allow the AI startup to work with customers across all cloud providers and will cap the amount of revenue it has to share with Microsoft through 2030.
Medical data from 500,000 UK volunteers was put up for sale on a site owned by Alibaba in China following a breach of the UK Biobank health information database.
Iran’s navy seized two commercial ships in the Strait of Hormuz and escorted them into its territorial waters, a statement from the Revolutionary Guards’ navy seen by the Financial Times said on Wednesday.
Canadian TMX Group has agreed to acquire Cboe Australia and Cboe Canada, as the exchange operator seeks to bolster its presence in Australia and securing a rival exchange operator for the Australian market’s ASX.
Google DeepMind has formed a team of researchers and engineers to improve its AI coding models, amid pressure from rival Anthropic’s recent AI model releases, sources told The Information.
Pharmaceutical giant Eli Lilly has agreed to buy biotech Kelonia Therapeutics in a deal valued at up to USD7 billion ($9.76 billion), securing access to its CAR-T cancer treatment currently in development.
Australia’s defence spending is set to increase by $53 billion over the next ten years, as the federal government seeks to respond to intensifying global risks.
Taiwan Semiconductor Manufacturing Company (TSMC) reported a 58% surge in profits for the first quarter, hitting a fresh record as global demand for AI chips continued into 2026.
