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PsiQuantum Receives $940 Million (AUD) From Australian Government — May Now Be World’s Highest Funded Independent Quantum Firm

PsiQuantum Receives $940 Million (AUD) From Australian Government — May Now Be World’s Highest Funded Independent Quantum Firm

Insider Brief Australia has announced a $940 million — or about $617 million US — investment in PsiQuantum. The Silicon Valley start-up with Australian roots will try to build the world’s first commercially viable quantum computer in Brisbane. The investment is one of the largest under the Albanese government’s “Future Made in Australia” policy. Australia...

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Scott Farquhar to resign as joint CEO of Atlassian

Scott Farquhar to resign as joint CEO of Atlassian

Scott Farquhar, the Australian tech billionaire and joint chief executive of software company Atlassian, will step down from his role at the end of August to spend time with his young family and focus on philanthropy, the company says. Farquhar’s co-CEO, Mike Cannon-Brookes, will lead the Sydney-headquartered company, which has found huge success developing software...

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Australian emergency services struggle with mobile tech failures

Australian emergency services struggle with mobile tech failures

A recent report by SOTI titled “Digitizing the Frontline: Transformative Technologies in Critical Care”, states that 97% of Australian emergency service teams are grappling with severe mobile technology challenges. These problems range from device downtime to delayed data access, issues that serve as significant barriers, slowing down and compromising the quality of emergency responses. The...

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Australian billionaire’s shock career announcement

Australian billionaire’s shock career announcement

Australian technology giant Atlassian has announced its co-founder and co-chief executive officer Scott Farquhar is stepping down as CEO after “an incredible 23 years”. Atlassian is behind software such as Jira, Confluence and Trello. Farquhar would finish in his current role on August 31, said Atlassian co-founder and co-CEO Mike Cannon-Brookes and chief financial officer...

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Scott Farquhar to step down as Atlassian co CEO

Scott Farquhar to step down as Atlassian co CEO

Australian technology powerhouse Atlassian announced today co-founder Scott Farquhar will step down as joint chief executive, leaving Mike Cannon-Brookes to head the company. Farquhar, who has served in the role for 23 years, plans to spend more time with his family, focus on philanthropy, and help the global technology industry. The announcement came as Atlassian...

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‘Arrogant Billionaire’: Musk Vs Australia; Tech Titan Challenges Censorship Orders, Sparks Clash With PM Anthony Albanese

‘Arrogant Billionaire’: Musk Vs Australia; Tech Titan Challenges Censorship Orders, Sparks Clash With PM Anthony Albanese

Elon Musk, the Tech Billionaire and the owner of several companies spanning various industries such as Space X, Tesla, The Boring Company, Neuralink, XAI and so, recently lashed out at Australia’s Prime Minister Anthony Albanese over Australia’s censorship after a court ruled that his social media platform X, formerly twitter, must block users across the...

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SentinelOne implements AI security tech at Australian insurer EML

SentinelOne implements AI security tech at Australian insurer EML

SentinelOne has successfully deployed its SentinelOne Singularity threat detection and prevention solution at Employers Mutual Limited (EML), an Australian injury management specialist in the insurance market. This integration furthers the effort of EML in offering secure solutions for its client base which includes businesses and government agencies across Australia. EML Information and Security Risk Manager...

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Tech boosts business confidence among Australian middle-market firms

Tech boosts business confidence among Australian middle-market firms

A recent report by Pitcher Partners indicates that rapid advancements in technology have buoyed confidence for future growth amongst Australian middle market firms. According to the Business Radar survey, approximately 38% of respondents identified technological development as a key driver of their business confidence. Furthermore, almost half of the larger organisations surveyed recognised this factor...

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Banana waste tech offers ‘golden’ opportunity for Australian distilling industry: AgriFutures Australia I Australian Rural & Regional News

Banana waste tech offers ‘golden’ opportunity for Australian distilling industry: AgriFutures Australia I Australian Rural & Regional News

AgriFutures Australia, Media Release, 22 April 2024 UK biotech startup, LyteGro’s solution converts the pulp of waste bananas into a proprietary liquid supplement to turbocharge metabolic processes offering high-value for Australia’s distilling industry. An exciting joint venture opportunity now exists for Australian investors, banana growers and authorities to scale production plants. Bananas are one of...

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Live: ASX defies US tech slump to jump in early trade

Live: ASX defies US tech slump to jump in early trade

So new week what’s in store for us markets are ok gold is very shiny so far so good what do you recon Michael – Rob Hi Rob, great question, but I’d generally rather stay away from making predictions on markets, as they could be misinterpreted by some as financial advice. However, I just received...

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Tech Worker Salary Growth in Australia Has Normalised

Tech Worker Salary Growth in Australia Has Normalised

IT workers in Australia are not too far past the pandemic to remember the upward surge in salaries it resulted in. As companies ramped projects back up after shelving them during 2020, suddenly the competition for tech skills and talent was back on in earnest, and salaries spiked. That grab for talent tapered off through...