Australia

Mapping the trailblazing startups in Australia’s AI sector
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Mapping the trailblazing startups in Australia’s AI sector

Mapping Australia’s AI sector: Key players, top investors, and funding insights in one report.
Aya Lin · · 1 min read
Australian AI firm Firmus buys Benmax units for $212m
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Australian AI firm Firmus buys Benmax units for $212m

Firmus said the deal, once completed, would lift its global workforce to 340.
Diya Lal · · 1 min read
Macquarie Cloud signs 3-year Microsoft Azure deal
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Macquarie Cloud signs 3-year Microsoft Azure deal

Macquarie said Microsoft forecast its Azure spending could reach up to A$278 million (US$193.1 million) over the three-year term.
Minh Le · · 1 min read
US private equity firm I Squared buys oOh!Media for $634m
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US private equity firm I Squared buys oOh!Media for $634m

oOh!media operates more than 30,000 advertising sites across Australia and New Zealand.
Naomi Li Gan · · 1 min read
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Nvidia-backed AI firm Firmus secures $2b commitments

Firmus said the funding will accelerate its AI factory expansion across Australia and Asia-Pacific.
Aiko Gao Ishida · · 1 min read
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Blue Owl-backed Stack eyes $5.9b data center loan

The financing could be among Australia’s biggest data center deals.
Grace Priscilla Teo · · 1 min read
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Revolut opens first APAC bank in Australia

Before launching the bank, Revolut said it had 1 million customers in Australia, where it first offered a travel card and foreign exchange services.
Diya Lal · · 1 min read

Infra state of mind

NextDC, Aisphere, Udaan, and more raised funds this week.
Stefanie Yeo · · 6 min read
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Australia’s Macquarie to buy $167m Sydney site

The company plans to build an engineering and technology campus alongside an about 200-megawatt data-center campus.
Diya Lal · · 1 min read
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Australian data center firm Nextdc secures $1.6b debt

The financing is expected to close in mid-July and would raise Nextdc’s total available senior debt facilities to A$8.7 billion (US$6.03 billion)
Minh Le · · 1 min read