Paul Smith

The inevitability of the end of life, and the administrative burdens that come with it, convinced high-profile investors to back a $17 million funding round.

Fear among board directors and chief executives that they will be left behind in AI use by fleeter footed rivals’ is piling the pressure on tech executives.

The way companies deal with their customers is going to change in the AI era, two of Australia’s biggest companies say, but humans will still be involved.

Bridgit uses AI to approve loans for those looking to buy their next home before their existing one has sold. It claims an average approval time of about four hours.

Auror’s use of AI technology to help retailers track criminals led to an Information Commissioner investigation, but investors aren’t worried.

In a potential early flashpoint with Trump ally Elon Musk, the government will bring in big fines for social media companies that break the proposed laws.

The 11-year-old Crimson Education has cracked the billion-dollar valuation after a small fundraising round led by New Zealand venture capitalists.

Equitise, which helps companies raise capital without hiring expensive investment bankers, fails to secure fresh funding needed to keep its operations afloat.

Koala co-founder Dany Milham will return to the chief executive role at the online furniture retailer he created in 2015, as it booked an annual profit.

Swedish private equity giant EQT is one of the lead investors in a $45 million funding round at Australian AI infrastructure start-up Neara.