AI/Machine Learning

The CSIRO’s National AI Centre wants to hear what everyone thinks about the way forward for artificial intelligence

- June 2, 2022 2 MIN READ

The new head of the CSIRO’s National AI Centre, Stela Solar, is doing a lap of the country to hear from industry and founders on the barriers and opportunities for Australia’s growing artificial intelligence ecosystem. The tour will spans five states and she will meet with a cross-section of industry, research, and business leaders in… Read more »

Other tech

Using artificial intelligence to create new inventions is rewriting the rules on patent law and intellectual property

- June 1, 2022 3 MIN READ

It was the veritable search for a needle in a haystack. With drug-resistant bacteria on the rise, researchers at MIT were sifting through a database of more than 100 million molecules to identify a few that might have antibacterial properties. Fortunately, the search proved successful. But it wasn’t a human who found the promising molecules.… Read more »

I Robot
Data

The best way to make sure AI doesn’t steal your job is to work with it, not against it

- December 2, 2021 3 MIN READ

Whether it’s athletes on a sporting field or celebrities in the jungle, nothing holds our attention like the drama of vying for a single prize. And when it comes to the evolution of artificial intelligence (AI), some of the most captivating moments have also been delivered in nailbiting finishes. In 1997, IBM’s Deep Blue chess… Read more »

Funding

Healthcare startup Harrison.ai lands $129 million Series B

- December 1, 2021 2 MIN READ

Artificial intelligence (AI) healthcare startup Harrison.ai has raised US$97 million (A$129 million) in a series B to ramp up its global joint venture ambitions in medical diagnostics. Existing backer Horizons Ventures, the VC firm of Hong Kong billionaire Li Ka-shing, led the round. It was supported byBlackbird Ventures and Skip Capital, with new investors Sonic… Read more »

Sri Ambati
Fintech

CBA’s $132 million play with California artificial intelligence leader H20 to make the bank ‘an AI superpower’

- November 8, 2021 2 MIN READ

Australia’s biggest bank, the Commonwealth (CBA) has made a major play in artificial intelligence, investing $134 million (US$100m) in California AI market leader H2O.ai, for a minority stake. The bank is hoping the exclusive partnership with the Silicon Valley machine learning platform will help make Australia a leading force in AI. H2O is CBA’s exclusive… Read more »

Notiv
ASX

Dubber is ramping up its AI capabilities after acquiring Brisbane startup Notiv for $6.6 million

- September 20, 2021 2 MIN READ

ASX-listed voice data company Dubber (ASX: DUB) has acquired Brisbane tech startup Notiv in a deal worth $6.6 million. The M&A deal will see Dubber accelerate its artificial intelligence program and capabilities. Notiv was founded by tech industry veterans Chris Raethke, a BugCrowd co-founder, and Dr Iain McCowan in 2018 to improve meeting note taking.… Read more »

Funding

New Zealand AI insights startup Yabble raises $3 million for Australian expansion

- September 8, 2021 2 MIN READ

New Zealand data insights startup Yabble has raised NZ$3 million (A$2.9m) as it looks to expand into Australia and then the US. The AI company’s second raise was led by Hillfarrance among existing investors that include Movac, New Zealand Growth Capital Partners, Enterprise Angels, and other Angel networks, and high-net-worth individuals. Co-founders Kathryn Topp and… Read more »

Hanno Blankenstein
Data

SafetyCulture backs video analytics startup in $8 million series A

- September 6, 2021 2 MIN READ

Video analytics platform Unleash live has raised $8 million in a series A round led by tech unicorn SafetyCulture. The five-year-old tech startup’s ‘Intelligent Remote Vision’ enables companies to improve productivity and safety, as well as reducing costs by using real-time video analytics to transform visual inspections. Roger Allen’s Patagorang Investment Group was among the… Read more »

octant, David Porter, Scott Power, Craig Mortense
Data

Queensland construction empire BMD bets $1 million on AI-based project management startup Octant

- August 17, 2021 2 MIN READ

Queensland construction and engineering conglomerate BMD Group has backed Brisbane artificial intelligence startup Octant AI, investing nearly $1 million for a 10% stake. Octant uses AI to for predictive analysis aimed at reducing uncertainty in projects to manage costs. BMD CEO Scott Power said his company had been using the tech platform in its project… Read more »

Flora Salim
Data

RMIT scientists have developed AI to diagnose Covid-19 from a cough – and hope to make it a mobile app

- June 21, 2021 2 MIN READ

Ground-breaking research by computer scientists at RMIT University has developed an artificial intelligence model that can hear the effects of Covid-19 in the sound of a forced cough, even when people are asymptomatic.  While the idea is not new, scientists at Cambridge University and MIT have been investigating the concept, the work at RMIT’s School… Read more »

Data

AI is now being used to predict traffic jams in Melbourne – and prevent them

- May 24, 2021 < 1 MIN READ

A pioneering project using artificial intelligence (AI) to predict traffic congestion up to three hours before it’s going to happen, and could change the way authorities control traffic in real time, has launched in Melbourne.  The University of Melbourne’s Australian Integrated Multimodal EcoSystem (AIMES) has partnered with PeakHour Urban Technologies, the Victorian Department of Transport,… Read more »