Latest Artificial Intelligence News

Algorae Pharmaceuticals has launched a second collaboration with Peter MacCallum Cancer Centre to validate AI-predicted drug combinations across multiple cancer types, aiming to accelerate its drug development pipeline.

BrainChip Holdings has inked a global licensing agreement with Korea’s EDGEAI, granting access to its Akida 2 neuromorphic AI technology for EDGEAI’s upcoming semiconductor products. The deal includes milestone payments and royalties, marking a significant step in BrainChip’s global expansion and the growing edge AI market.

Navigator Global Investments has acquired a 4.5% stake in Canadian AI-focused growth equity firm Georgian through a USD 100 million investment, enhancing its exposure to AI-driven private markets.

iCandy Interactive has announced plans for Lemon Sky Studios to pursue a US IPO on the NYSE American, targeting a US$15 million capital raise, while highlighting strategic pivots in AI and blockchain markets.

Weebit Nano has launched a significant A$80 million institutional placement, alongside additional funding initiatives, to accelerate its ReRAM technology leadership and broaden AI-related offerings.

Airtasker has secured a $5 million media partnership with Nine Entertainment, aiming to accelerate its brand growth across Australia’s leading media platforms. This strategic move comes as Airtasker rides strong marketplace momentum and positions itself for the evolving AI-driven labour market.

Qoria Limited updates shareholders on its proposed merger with Aura Consolidated Group, highlighting Aura's robust financial performance and cost-saving initiatives. The merger remains unanimously recommended by Qoria's board, pending regulatory and shareholder approvals.

Infratil has upgraded its FY27 EBITDAF guidance for CDC Data Centres to A$680-720 million, citing accelerating construction and strong demand driven by AI and hyperscale cloud growth. The company also secured A$500 million equity funding and plans a bank debt upsizing to support expansion.

Global Health Ltd reports stable revenue and a significant EBITDA improvement in H1 FY26, driven by a strategic shift to SaaS platforms and AI integration. The company’s partnership with Best Practice and upcoming Lifecard launch position it for growth in Australia’s digital healthcare sector.

Oneview Healthcare PLC has launched a Security Purchase Plan (SPP) to raise up to A$2 million, following a recent A$19 million placement. The SPP offers eligible shareholders discounted shares to support AI development and customer deployments.

FINEOS Corporation reports robust FY25 financial performance, driven by subscription revenue growth and embedded AI innovations, setting a confident outlook through FY27.

Vection Technologies has renewed a $1.64 million annual recurring revenue contract with a classified defence client, leveraging Dell Technologies AI appliances to enhance mission-critical intelligence capabilities.