Notiv
Mergers & Acquisitions

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
Artificial Intelligence

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
Artificial Intelligence

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 »

Sourse
Artificial Intelligence

AI startup Sourse lands $1.5 million to take the gut feel out of executive decisions

- July 7, 2021 2 MIN READ

Machine learning startup SourseAI has raised $1.5 million to help bosses make fewer calls based on their gut feeling. The round was led by Aligned Equity and TV and radio company Southern Cross Austereo (SCA), making its second investment in an AI-based analytics startup after backing spoken word analysis venture Sonnant earlier this year. The… Read more »

Flora Salim
Artificial Intelligence

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 »

Artificial Intelligence

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 »

Artificial Intelligence

HR tech platform ELMO is using artificial intelligence to predict when staff are about to resign

- May 3, 2021 < 1 MIN READ

ASX-listed payroll and HR software platform ELMO (ASX:ELO) is using artificial intelligence in a new people analytics product that can predict when people are looking to leave the business. The company said its Predictive People Analytics (PPA) module is the first phase of a suite of new machine learning developments  to deliver data-driven insights and… Read more »

Artificial Intelligence

AI will shape the future of global trade disputes, but our legal understanding lags behind it

- April 28, 2021 5 MIN READ

In 2030, the adjudicators of the World Trade Organization (WTO) are sitting in the Geneva headquarters to hear a trade dispute between the Republic of Robata and the Federal Republic of Daemon.   Robota, a developed country, is a superpower in artificial intelligence (AI) and takes the lead in designing and manufacturing vehicles equipped with… Read more »

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 »