Daniel Van Boom

Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.

Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.

Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.

The war in Iran has caused conspicuous belt tightening among corporates, hitting Qantas' bottom line. Yet premium travel is flourishing – a key metric as the airline prepares for Project Sunrise, its ultra-long-range flights to London and beyond.

Over 70 per cent of eligible shareholders voted against the Xero board's decision to award Sukhinder Singh Cassidy a target pay package of $25.5 million amid the company's stock struggles.

Two proposed amendments to superannuation will be a boon for the startup sector, predicts King River Capital.

Around $60 million in taxpayer funds has been deployed by Brandon Capital to startups working on cancer cures, infection prevention, fibrosis treatment and more.

As it reshapes its core creativity products around AI, Canva is also hoping more prosaic productivity features can drive subscriptions.

After building and selling three businesses, Will Scully-Power has for the past two years been investing in Australian space startups. Now he's looking to launch a VC fund.

Kelly Bayer Rosmarin's Aigentsphere startup raised $4 million from VC Main Sequence earlier this year.