Wednesday, November 11, 2026

Business

A Back Injury Led Semios Founder Michael Gilbert to Build BaroShift

Michael Gilbert built a company that helped farmers understand what was happening in their orchards. His latest startup grew out of a struggle to understand what was happening in his own body. The Semios founder is now building BaroShift, a...

US defence invests $73 million in Diraq with another $357m on the table

Sydney quantum computing startup Diraq has secured an initial US$51 million ($73m) from US defence research agency DARPA, with potential funding of up to US$300 million (A$430m) to test its plans for a commercially useful, fault-tolerant quantum computer. The funding...

Firmus looks to cut share price by nearly 20% – an $8 billion haircut on its market cap – and may even pull the...

Aborting the mega-float is also on the table, with key investor Nvidia now central to its success. Both the AFRand The Australian reported news of the potential trim overnight, citing market sources close to the deal. The Australian’s Dataroom offered insight...

UBC Welcomes 26 Startups to Fall Venture Founder Cohort

From cancer diagnostics to financial planning for newcomers, 26 new ventures have joined Innovation UBC’s fall 2026 Venture Founder cohort. The 16-week program helps UBC students, faculty and staff turn research and business ideas into viable companies through venture validation,...

Applications for the first The Ventures Australian startup awards close October 9

Ten startups will be selected for the live final at AWS Sydney on October 22, with four winners across Best Product, Best AI Solution, Best Team and Best Traction. Organisers say the winners will be introduced to the program’s global...

The latest prototype of Australia’s $42 million 2030 Moon rover has been revealed

The land drone, part of an Australian-led NASA mission to the lunar South Pole in 2030, was revealed Queensland University of Technology’s Lunar Testbed and Space Lab today during World Space Week. The model is one of several being used...

The world’s smartest AI companies find Australian copyright a bit too hard to get their heads around

America’s largest artificial intelligence companies have been upfront about their desire to use Australian creative content for the training of models without having to abide by copyright rules.  Major tech companies were using the US as their base for training...

Vancouver Upstart Ready to Scale Model for Online Vehicle Purchasing

A Vancouver-based company that specializes in automotive financing this month unveiled a milestone. OCAL Financial announced this week that it has funded more than 1,250 vehicle deals across British Columbia and Alberta. The Canadian fintech firm, which trades on the TSXV...

Anthropic takes a sly dig at OpenAI before parliamentary inquiry

Anthropic, which owns Claude, fronted a federal grilling on AI which held hearings in Sydney on Tuesday. The testimony comes after it was revealed the San Francisco-based giant’s rival, OpenAI, had let one of its models hack a Medicare website...

CDC kills off its $73.3 billion data cente rollout deal with Firmus

Business media startup Rampart reports that CDC founder Greg Boorer told the podcast Rampart Talks his company was unlikely to build further data centres for Firmus. In a statement to Startup Daily, Firmus CEO Oliver Curtis said Firmus and CDC...
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Shop for Gifts at These 2026 Holiday Markets in Seattle

The countdown to the holidays is on, meaning there’s a limited timeframe to pick up gifts for your loved...
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