Leonardo.AI, the Australian developer of a rapidly growing generative AI art platform, will be acquired by graphic design giant Canva for an undisclosed sum. Although only launched in December 2022,...
Silicon Valley startup PsiQuantum is set to build its second quantum computer in Chicago by 2028 following a $760 million investment from the US State of Illinois. The US$500...
The Productivity Commission is challenging a foundation of the Albanese Government’s Future Made in Australia agenda, arguing Treasury is inappropriately using an oft-cited economic theory as grounds for interventionist...
Targeted support for innovation and greater international engagement will be needed to ensure Australia realises its critical minerals processing ambitions, according to national science agency CSIRO. In a new...
The multibillion-dollar R&D tax incentive should be expanded to offer equity and debt financing from the National Reconstruction Fund to businesses that collaborate with local research institutions, the Group of...
Biosecurity startup ExoFlare has closed a $5.3 million capital raise to develop its online platform for tracking threats in the agriculture and food supply chain. The seed raise was...
Queensland and South Australia are set to play a greater role in global lithium-ion battery supply chains after the federal government awarded $13 million in matched grants to two...
Australia is “missing an open goal” by not joining the European Union’s flagship research and innovation program, research and businesses leaders have warned while calling on a reluctant federal...
Data and AI startups are the focus of the Commonwealth Bank’s next accelerator program Xccelerate24, with startups to vie for a $250,000 investment and a potential partnership with Australia’s...
The funding strategies of the federal government’s flagship health and medical research funds, which collectively award more than $1.5 billion in grants every year, are set to become more...