Latest Artificial Intelligence News

FortifAI Limited reports steady revenue, significant cost reductions, and a strengthened balance sheet with $3 million cash and no debt. The company advances its AI Lab initiative while expanding its project pipeline and board expertise.

RocketBoots Limited has expanded its sales pipeline with five new customers covering over 8,550 locations and secured a strategic $1 million investment from Bombora Funds, positioning itself strongly in the growing AI retail technology market.

I Synergy Group Limited has strengthened its equity base through multiple capital raises and entered a strategic AI collaboration framework with NASDAQ-listed Treasure Global Inc., signaling a pivot towards advanced technology infrastructure.

NoviqTech Limited has expanded its sustainability technology footprint through key partnerships in hydrogen and battery recycling, secured a significant grant extension, and announced a $1.25 million capital raise to fuel growth.

NoviqTech launches Quantum Intelligence Pty Ltd, introducing hybrid quantum computing solutions with a $1.25 million placement to accelerate growth and product rollout.

InteliCare Holdings advances its AI-driven aged care platform with new trials and integrations, secures $1 million in funding, and announces CEO Daniel Pilbrow’s upcoming resignation.

Decidr AI Industries reported an 82% revenue jump in its AI platform during Q4 FY25, launched AI Mentors with The Growth Faculty, and divested its 13Seeds business to sharpen focus on AI innovation.

FlexiRoam Limited has achieved profitability in Q4 FY25, marking a significant turnaround with a positive EBITDA and net profit. Founder Jefrey Ong is appointed permanent CEO to steer the company’s next growth phase.

Vection Technologies capped FY25 with its highest monthly order intake ever, driven by defence and AI/XR contracts, while posting positive pro-forma cash flow despite payment timing issues.

Simble Solutions Limited reported a $527k equity raise and secured significant software contracts in Australia and the UK during Q2 FY25, while advancing its AI integration strategy amid a soft quarter.

Flight Centre Travel Group has reported a record total transaction value of $24.5 billion for FY25, yet underlying profits fell slightly short of expectations amid geopolitical tensions and regional challenges. The company is banking on new AI and loyalty initiatives to drive future growth.

Enlitic, Inc. has confirmed its commitment to achieving operational cashflow break-even by the end of 2025, alongside maintaining its revenue guidance of US$9-11 million for the calendar year.