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Investment stories

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Is OpenAI planning an AI cloud to rival AWS, Azure & Google?

Yesterday
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OpenAI CEO Sam Altman signalled plans to launch an AI cloud platform, aiming to rival AWS, Azure and Google Cloud in offering computing power.
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CloudMile raises USD $20 million for Southeast Asia AI growth

Last week
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Taiwan’s CloudMile has raised USD $20 million to boost AI growth and expand industry solutions across Southeast Asia’s key markets.
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AI to transform banking & insurance sectors by 2026, says report

Last week
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By 2026, AI will revolutionise banking and insurance, with over half of younger adults using generative AI for financial advice, says Forrester report.
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Budget 2025: Tech & finance leaders urge fintech reforms

Last week
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Canadian tech and finance leaders call for open banking reforms and streamlined regulations to boost innovation ahead of the federal budget announcement.
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CrowdStrike, AWS & NVIDIA expand global accelerator for AI security

Last week
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CrowdStrike, AWS and NVIDIA expand a global accelerator to support early-stage AI-driven cybersecurity startups with mentorship, funding and market access.
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QAI Ventures launches Asia’s first QuantumAI accelerator in Singapore

Last week
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QAI Ventures has launched Asia’s first QuantumAI accelerator in Singapore, aiming to boost startups blending quantum computing and artificial intelligence.
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Openmarkets to raise USD $50 million for Asia DeFi expansion

Last month
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Openmarkets plans to raise USD $50 million to expand its DeFi capabilities and presence across Asia and the US, targeting crypto trading and asset tokenisation.
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Accel-KKR invests in LeanDNA to boost global AI supply chains

Last month
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Accel-KKR invests in LeanDNA to expand its AI-driven APEX platform, enhancing supply chain planning and inventory management for global manufacturers.
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Bovonic gets new funding to launch QuadSense in UK & Ireland

Last month
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Bovonic secures funding from Cultivate Ventures to launch its QuadSense mastitis screening device in UK and Ireland, expanding beyond New Zealand farms.
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RecordPoint acquires Redactive to boost AI data security focus

Last month
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RecordPoint has acquired Australian AI firm Redactive to enhance its AI data security and governance solutions for regulated industries globally.
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CFS & University of Sydney launch AI PhD internships in wealth

Last month
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Colonial First State and University of Sydney launch AI PhD internships to boost wealth management with practical research and innovation.
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PvX Partners backs Brainstash with $9M in UA financing to accelerate global growth of Deepstash

Last month
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PvX Partners invests USD $9 million in Brainstash to accelerate global growth of the Deepstash microlearning platform with user acquisition financing.
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Liza Noonan named Chief Executive Officer at Cicada Innovations

Last month
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Liza Noonan will become CEO of Cicada Innovations in November 2025, aiming to boost Australia's deep tech sector and grow its global presence.
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Salesforce AI fund invests $850 million in 35 enterprises

Last month
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Salesforce Ventures has invested over $850 million in 35 AI-focused enterprises, aiming to fully deploy its $1 billion fund by the end of 2025.
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Australian AI investment lags but ROI set to double by 2028

Last month
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Australian firms invest less in AI than global rivals, yet ROI is set to nearly double from 15% to 29% by 2028, boosting returns from USD $3.2m to $8.2m.
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PvX issues $18M in UA financing into leading Brazilian gaming platform

Last month
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PvX backs Brazil’s Rei do Pitaco with USD $18M in user acquisition financing, fuelling growth in LATAM’s booming regulated sports betting market.
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Cropster acquires Firescope to expand reach in Asian coffee market

Last month
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Cropster has acquired South Korea-based Firescope to expand in Asia, supporting 3,000+ roasters and enhancing its global coffee supply platform.
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Industry leaders urge blockchain policy to protect NZ GDP future

Last month
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Industry leaders warn New Zealand faces losing billions in GDP unless government acts to develop clear blockchain policy and regulatory frameworks.
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Dr Karim Bahou named Head of Innovation at Sister district

Last month
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Dr Karim Bahou has been appointed Head of Innovation at Manchester's GBP £1.7 billion Sister district to expand its start-up ecosystem and support entrepreneurs.
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Blackpearl Group raises NZD $15.1m, eyes ASX dual listing in Nov

Last month
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Blackpearl Group has raised NZD $15.1m in an oversubscribed placement ahead of its planned dual listing on the ASX next month, signalling strong investor confidence.