Humanity Protocol, a blockchain-based identity verification firm, has achieved a US$1.1 billion ($1.58 billion) valuation after closing a US$20 million funding round co-led by Pantera Capital and Jump ...
Chinese AI startup DeepSeek triggered a selloff in global tech stocks with the release of its cost-effective AI model, which rivals OpenAI and Meta’s offerings while using less advanced hardware.
The news: The Australian sharemarket ended higher, tracking Wall Street gains, ahead of the latest inflation figures to be released next week. The benchmark ASX 200 gained 0.36% to end at 8,408.9, ...
The news: Oil and gas producers weighed on the ASX energy sector after US President Donald Trump pressured the Organization of the Petroleum Exporting Countries (OPEC) to lower oil prices in a bid to ...
The news: Engineering firm Monadelphous Group said that it expects profit after tax for the six months ending 31 December to exceed consensus forecasts. The numbers: The company said its draft results ...
The news: Gold miners Regis Resources and Westgold Resources slumped on the ASX despite an uptick in global spot gold prices, after both were struck by downgrades by Canaccord Genuity. The numbers: ...
The news: Australian startup Medow Health AI has completed a $2 million capital raise as it partners with health technology group Magentus to integrate its AI 'co-pilot' systems into medical practice ...
The news: Sydney-based Clarity Pharmaceuticals has received a second fast track designation (FTD) from the US Food and Drug Administration (FDA) for its imaging agent Cu-SAR-bisPSMA, a novel ...
The news: New Zealand dairy producer Synlait expects a return to profitability in the first half of this financial year and has announced a higher payment to South Island farmers to secure milk supply ...
The news: Apparel retailer KMD Brands has flagged a slide in half-year earnings as weaker trading, particularly in its wholesale business, continues to weigh. The numbers: The ASX and NZX-listed ...