News & Analysis

Your 90-second guide to the day in tech

- February 16, 2021 3 MIN READ

Welcome to Tuesday. Fingers crossed for good news for Victorians to emerge from lockdown some time today. Here’s today’s news, and don’t forget to tune in for the Startup Daily show on Ausbiz.com.au  every weekday, 2-3pm. Watch online, download the ausbiz app or via 7Plus.   Zucktime Facebook is reportedly building a smartwatch – not to be confused with Facebook Watch,… Read more »

Investment

Melbourne investment firm NextGen Funds has launched an AI fund for startups

- December 8, 2020 2 MIN READ

Melbourne-based NextGen Funds Management has launched the country’s first Artificial Intelligence (AI) Fund. The fund, for sophisticated investors, will invest in a mixture of debt and equity in ventures ranging from startup to pre-IPO. NextGen Funds Management Head of Distribution Samuel Mullavey said the fund will take a sector-neutral approach in areas are where AI… Read more »

News & Analysis

Australia has joined a global body setting the rules on artificial intelligence

- June 15, 2020 2 MIN READ

Australia is joining a new global organisation setting a framework on the use of artificial intelligence alongside 13 other nations and the European Union. In a statement announcing the Global Partnership on Artificial Intelligence (GPAI, pronounced Gee-Pay) on Monday, the founding member nations said they “will support the responsible and human-centric development and use of… Read more »

News & Analysis

A new AI hub in Brisbane is looking at how artificial intelligence can help tackle covid-19

- May 4, 2020 2 MIN READ

Queensland is building an artificial intelligence (AI) hub in Brisbane and one of its first tasks will be looking at how AI can help tackle coronavirus. The AI Hub is based at Queensland government’s innovation and investment hub, The Precinct in Fortitude Valley, as part of a multi-million dollar expansion of the site in the TC Beirne… Read more »

News & Analysis

Flamingo founder Catriona Wallace’s latest venture is looking into the ethics of artificial intelligence

- April 23, 2020 2 MIN READ

Entrepreneur and futurist Dr Catriona Wallace has launched a new venture helping companies investigate the ethics of artificial intelligence (AI) as it plays an increasingly important role in company automation. Wallace is CEO of consulting firm Ethical AI Advisory, which she says will support private and public companies as they grapple with how to design… Read more »

Opinion

Why artificial artiticial intelligence needs to be regulated with the same care and safety as the airline industry

- March 2, 2020 4 MIN READ

You’d thinking flying in a plane would be more dangerous than driving a car. In reality it’s much safer, partly because the aviation industry is heavily regulated. Airlines must stick to strict standards for safety, testing, training, policies and procedures, auditing and oversight. And when things do go wrong, we investigate and attempt to rectify… Read more »

News & Analysis

Australian business leaders positive on AI, but 46% yet to act

- April 24, 2019 3 MIN READ

Research into Artificial Intelligence (AI) as a growth driver for Australian businesses reveals that just over half of Australian organisations (54%) have started to adopt Artificial Intelligence (AI) as part of their business strategy, despite 80% of Australian business leaders believing AI is important to remain competitive.