Investment Association alerts UK investors of AI trading risks
UK's Investment Association cautions investors on relying solely on AI and trading bots for investments, noting the potential financial risks and cybersecurity vulnerabilities.
Crowdsourced funding in Australia holds steady in 2023
Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.
Who the backers back: Why diversity in Australian VC funding portfolios should be made public
Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.
HFCL secures INR 623 crore order for Indian-made 5G gear
HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.
ExtraHop secures $100m in growth capital, expands executive team
ExtraHop secures $100m growth capital, bolsters executive team, and is poised for exponential growth in the expanding NDR market.
Zally & SoSquared host FLIP MCR to boost local tech scene
Zally and SoSquared unite to host FLIP MCR, a networking event for local entrepreneurs looking for investment, aimed to spark venture capital activity in 2024.
Investors doubt sincerity of corporate sustainability reports, PwC survey reveals
94% of investors doubt the credibility of corporations' sustainability reports, suggests 2023 PwC Global Survey.
AI and sustainability amongst key fintech trends for 2024
Lanistar Chief Executive Officer, Jeremy Baber, spotlights AI, Gen Z adoption, and sustainability as 2024's major fintech trends.
Modest growth in M&A activity predicted for next year
Biztech Lawyers and Intelliworx predict modest growth in M&A activity, company consolidation, and an upswing in down round investments for 2024 tech industry.
Relevance AI secures AU$15M for AI workforce expansion
Relevance AI bags AU$15M in Series A funding to help businesses build and democratise AI workforces across the globe.
Australian startup Leonardo.Ai raises AU$47m to revolutionise art ecosystems
Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.
Verne Global appoints Natasha Mehta as Head of Project Management
Verne Global appoints Natasha Mehta, former VIPA Digital Associate Director, as Head of Project Management to help guide its sustainable data centre operations across Europe.
'Sustainability goals not matching ambition in global businesses, study reveals'
A new study reveals a wide gap between the high sustainability ambitions of global businesses and their actions.
Australian fintech sector shows success but start-ups face steep entry barriers
Australia's fintech sector thrives, yet emerging start-ups battle daunting entry barriers, according to EY FinTech Australia Census report.
Clarity AI & AWS partnership for sustainable investing
Amazon Web Services partners with sustainability tech platform Clarity AI to enhance sustainable investing using AI and data analytics.
UK business leaders to bolster sustainability investment by 2026
80% of UK business leaders plan to maintain or increase their sustainability investment by 2026, reveals SAP study.
CEOs prioritise new business building for strategic growth, finds McKinsey study
A McKinsey study suggests that half of all CEOs are focusing on new business development to generate new revenue streams.
AI's rising environmental impact concerns CEOs, Gartner survey finds
Survey reveals environmental implications of AI, as it could consume up to 3.5% of global electricity by 2030, according to Gartner.
Tech start-up Happly revolutionises moving with $1.75m seed funding
Australian start-up Happly has secured $1.75m in seed funding to further develop its end-to-end moving platform.
London-based AI firm RETAILIGENCE targets global expansion
London-based AI firm, RETAILIGENCE, plans significant global expansion since a 2500% revenue surge post-launch.
Fintech trends and financial challenges for the UK
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.
Projected surge in 5G NR and LTE small cell RAN equipment spending
5G NR and LTE-based small cell RAN equipment spending to reach nearly USD $3 billion by 2026, says SNS Telecom & IT.
Australian Technologies Competition 2023 recognises talent & solutions
ATC 2023 reveals top tech innovators in Australia, celebrating trailblazing solutions in areas like MedTech, fintech.
Telstra set to acquire tech consultancy firm Versent for $267.5M
Telstra to buy tech consultancy firm Versent for $267.5m, aiming to boost growth and support digitisation of Australian businesses.