Latest Ai Platforms News

Algorae Pharmaceuticals has been appointed as a supplier under a NSW Health public hospital supply contract, marking a strategic milestone despite uncertain immediate revenue impact.

WhiteHawk Limited has appointed Adrian Vallino as Group CEO to spearhead its global expansion and commercialisation of the Quixxi Clarity AI platform, aiming to grow recurring revenue and diversify its distribution channels.

Echo IQ has raised approximately A$110 million through a heavily supported institutional placement to fund its US commercial rollout and speed up development of its AI-driven cardiovascular diagnostics.

Qualitas Limited has upgraded its long-term Australian funds management EBITDA margin target from over 50% to more than 60%, driven by operational efficiencies and a proprietary AI platform designed to streamline investment processes.

Pathkey.AI has finalised its takeover of Chipforge, an AI-driven semiconductor design company, issuing shares and performance rights as consideration. The move broadens Pathkey's AI platform capabilities from clinical trials into semiconductor engineering, aiming to shorten chip development cycles significantly.

Vection Technologies has locked in approximately $2.3 million in new AI-related contracts spanning healthcare, luxury fashion, public services, airport passenger assistance, and security, pushing total orders since April 2026 to around $7 million.

Centuria Capital Group unveils a vertically integrated AI and data centre strategy through its partnership with ResetData, aiming to capture surging sovereign AI demand amid global supply constraints.

InteliCare (ASX:ICR) is hitting a commercial inflection point, backed by a landmark $8.8 million contract with mecwacare and a growing pipeline across aged care sectors. Its AI-powered platform promises measurable improvements in care outcomes and operational efficiency.

PathKey.AI (ASX:PKY) confirmed no undisclosed price-sensitive information amid a recent jump in its share price and trading volume, attributing the move to prior announcements and investor interest in AI opportunities.

XPON Technologies is selling its Google Marketing Platform and Cloud Platform business to Incubeta for an initial A$5.5 million cash plus up to A$2 million earn-out, aiming to accelerate growth in its Wondaris AI Marketing Platform and fund AI-focused acquisitions.

Norwood Systems has extended its voicemail services contract with a major Tier 1 telecommunications operator through to mid-2028, expected to generate approximately A$1.5 million in revenue over the term.

Echo IQ has partnered with Mayo Clinic to assess its AI platform's ability to predict heart failure risk in patients undergoing cancer therapy, targeting the growing cardio-oncology sector.