Investment stories - Page 11

A Vectra AI report reveals 69% of ANZ SOC practitioners fear missing cyber threats due to legacy tools, while AI gains trust as a modern solution.

Australia and New Zealand are outpacing the world in generative AI investment, committing USD$15 million in 2024, surpassing the global average.

Consent Labs expands operations in Victoria to meet demand for consent education, supported by a Federal Government investment of AUD $117.6 million.

LiquidStack has secured a $20 million boost from Tiger Global in its Series B funding, raising the total to $35 million to enhance cooling solutions.

New Datacom research reveals that 70% of Australians would increase their confidence in local councils through tech investments, yet only 37% see councils as tech-savvy.

Australian and global CEOs prioritise Generative AI investments despite economic concerns, with most expecting returns in three to five years.

Salesforce will offer its premium AI courses for free on Trailhead until end-2025, investing over USD $50 million to bridge the AI skills gap.

Rod Hamilton, ex-Culture Amp co-founder, joins Rampersand as Venture Partner, bringing product expertise to the venture capital firm's portfolio of startups.

BAM Mutual debuts bond insurance in Australia, targeting energy transition and social infrastructure, aiming to expedite and economise key projects in the region.

Intel and AWS boost partnership with multi-year, multi-billion-dollar investment in custom AI chips, aiming to enhance U.S. semiconductor manufacturing and innovation.

Commercial revenue from quantum technology is set to soar from USD $2.7 billion in 2024 to USD $9.4 billion by 2030, a new study reveals.

GPTStrategic and BidWrite have launched bidwritegpt, an AI-driven platform poised to revolutionise tender writing, promising increased efficiency and productivity.

Oracle has unveiled Oracle Cloud Success Protection and Assurance Services, enhancing cloud investments with proactive support, guided learning, and 24/7 technical assistance.

Businesses must navigate complexities to unlock the ROI in AI and automation, focusing on data management, security, and strategic implementation.

A survey by OutSystems and KPMG reveals that AI adoption has cut development time by up to 50% for 75% of software executives, reshaping their roles.

Forrester's 2025 Predictions reports forecast AI and tech trends, highlighting AI investment pitfalls and increased AIOps adoption to manage tech debt.

QuantumLight, led by Revolut's CEO Nik Storonsky, releases a playbook for tech startup founders on building high-performance teams, based on Revolut's success.

New Zealand startup Shutterspeed secures backing from Techstars, marking a significant milestone for Kiwi tech on the global stage with its AI-driven business assistant.

Toshiba reports modest growth for the year ending March 2024, with steady revenue increases balancing rising operational costs and strategic investments.

Zendesk launches an outcome-based pricing model for its AI agents, aligning costs with resolved issues to enhance transparency and ensure tangible returns.