Investment stories - Page 15

A global survey reveals high trust in AI among executives, yet exposes a significant gap in confidence regarding effective AI strategy execution and data readiness.

Telstra's restructure could lead to up to 2,800 job losses as the company aims to streamline operations and support its long-term investment in technology and infrastructure.

AI-generated deepfakes are fuelling a new era of investment scams, featuring familiar faces to deceive us. Here's how to spot and avoid these high-tech traps.

Evnex is set to expand its Australian operations after securing investment from Adamantem Capital's Environmental Opportunities Fund.

Scaleup Mediafund, Australia's only media-for-equity fund, commits AUD $15 million in ads to boost Hawkes Brewing and Bare Funeral Group in a new funding round.

In talks with CEO James Campbell, detrimental digital threats are tackled by cybersecurity firm, Cado Security, through innovative solutions and strategic growth.

Data Army has launched the Australia Post Movers Statistics dataset on Snowflake, aiding real estate firms in strategic planning and decision-making with enriched data insights.

AI brings transformative potential to Australia's manufacturing sector, but challenges remain in tech capabilities and data management that must be addressed.

AI, cybersecurity, and tech skills dominate the 2024—25 Federal Budget, but experts say more support for startups is essential for long-term innovation.

Despite addressing innovation and renewable energy, Australia's recent budget missed crucial investments in cybersecurity, raising AI threat concerns.

Nearly 90% of executives managing supply chains and production seek to ramp up investment in generative AI, but there's a recognised need for advanced training and comprehension of the technology, Accenture's 'Pulse of Change' survey reveals.

Cognizant's Bluebolt programme is reportedly reshaping tech investment, driving an estimated $150m in annualised client savings and fostering over 130,000 solutions within its first year.

Australia's healthcare sector faces an increase in potentially fatal ransomware attacks, highlighting the importance of prioritised cybersecurity amidst digital transformation.

Canberra's Seeing Machines is set to invest $26m in the expansion of its partnership with a North American OEM, widening its initial programme to include 19 vehicle models marketed globally.

Alphinity Investment Management and Australia's CSIRO develop Responsible AI framework to bridge gap between AI sector investments and traditional ESG principles.

In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.

Over half of global tech firms plan to up investment in user-friendly software design amid increasing importance of digital accessibility.

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.

Business leaders are uneasy about data privacy and security, raising concerns over lack of governance frameworks with regard to generative AI use.