Investment stories - Page 8

Despite addressing innovation and renewable energy, Australia's recent budget missed crucial investments in cybersecurity, raising AI threat concerns.

Cardiff Council has selected Telcom Group to deploy the next phase of its full fibre internet network, aiming for 100% coverage by 2025.

Sprout Agritech invests $1m in Metrovate, a startup marrying computational methods and agri-science to produce precision biostimulants.

Janine Grainger discusses the dangers of an excessive focus on sensational crypto headlines, stressing the importance of understanding broad market dynamics for astute investment.

Nearly 90% of executives managing supply chains and production seek to ramp up investment in generative AI, but there's a recognised need for advanced training and comprehension of the technology, Accenture's 'Pulse of Change' survey reveals.

UK businesses are set to ramp up IT modernisation spending by nearly 30% in 2024, with a hefty focus placed on investing in artificial intelligence.

Cognizant's Bluebolt programme is reportedly reshaping tech investment, driving an estimated $150m in annualised client savings and fostering over 130,000 solutions within its first year.

Australia's healthcare sector faces an increase in potentially fatal ransomware attacks, highlighting the importance of prioritised cybersecurity amidst digital transformation.

Canberra's Seeing Machines is set to invest $26m in the expansion of its partnership with a North American OEM, widening its initial programme to include 19 vehicle models marketed globally.

Alphinity Investment Management and Australia's CSIRO develop Responsible AI framework to bridge gap between AI sector investments and traditional ESG principles.

In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.

STACK Infrastructure reveals plans for a 220MW technology campus in Dallas, underlining its dedication to fulfilling rising tech infrastructure demand globally.

London-based fintech, Mnaara, provides the world's first platform in accordance with specialised finance principles, granting direct access to global private equity funds.

The IMF forecasts a potential 16% growth in the UK economy due to AI adoption, highlighting the nation's strong digital infrastructure.

Over half of global tech firms plan to up investment in user-friendly software design amid increasing importance of digital accessibility.

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

AI-based analysis platform Bridgewise secures $21m in funding led by SIX Group, raising total capital to $35m to expand reach and enhance its AI technology for global security insights.

Business leaders are uneasy about data privacy and security, raising concerns over lack of governance frameworks with regard to generative AI use.

AI investments debate trends versus fads, with its longevity, sustainability and growing legal legitimacy suggesting a solid market trend rather than a fleeting hype.

NZ firm Sapro-Tech forms strategic alliances with leading fashion brands SABEN, taylor, Velvet Heartbeat, and YY NATION, promoting sustainable materials derived from fungi.