Investment stories - Page 14

In Australia, around 4.5 million citizens now own cryptocurrency, led by brokerage and asset management firm Caleb and Brown.

Despite 82% of businesses aggressively investing in AI, half remain unsure about its real business impact and integration roadmap, according to a report by Orgvue.

Australian businesses are urged to bolster their cloud security following a government report showing 40% of data breaches targeted cloud services annually.

Despite a global downturn in AI start-up investments, banks marked a 45% surge in 2023, with emphasis on bolstering regional AI capabilities.

The global data centre market should brace for high-demand and swift AI adoption, led by significant growth in the Asia Pacific, says a report by DC Byte.

CCL has launched a readiness workshop for Copilot, a Microsoft 365 service. Expected to empower private enterprises and public organisations with AI capabilities, it aims to boost productivity, creativity, and connectivity securely.

Generative AI (GenAI) investments in the Asia-Pacific are projected to accelerate at a staggering rate of 140%, the fastest globally, with spending expected to reach USD $3.4 billion across key nations, according to Infosys Knowledge Institute's research.

Following a recent global study, Australian businesses are prioritising employee wellbeing over recruitment in diversity, equity and inclusion (DEI) initiatives, reflecting the changing priorities of corporate Australia.

A recent study indicates concerning financial habits among Southeast Asians, underscoring the urgency to enhance financial literacy and implement comprehensive planning initiatives in the region.

Rapid business expansion is being driven by investment in payment technology, primarily virtual cards, says a new report from Conferma.

With €85m in new funding, PPRO seeks to capitalise on growth opportunities in key markets and broaden its local payment services. It is backed by leading investors, including PayPal Ventures and J.P. Morgan.

Emerging digital technologies and connectivity hold potential to revolutionise fan experiences and generate new revenue streams for venue owners in Australia.

The World Broadband Association (WBBA) has released a guidebook offering strategic insights for fostering global broadband development, launched at Barcelona's BDC 2024.

FinTech Australia revamps leadership team to advance growth: newly-appointed Chair Sarah Gorman, former Deputy Chair and three-time founder, partners with Brian Collins, Deputy Chair, while General Manager Rehan D'Almeida elevates to CEO.

Despite mixed confidence in return on investment, UK IT decision makers plan to boost artificial intelligence funding in 2024, amidst fears of premature adoption, reveals a study by NetApp and YouGov.

Three small steps can enable organisations to realise significant gains from their existing tools, and to substantially improve their security posture.

The Cremorne Digital Hub (CDH) unveils its first Scaleup Program cohort, following an AUD 10 million investment from the Victorian Government to boost Australia's tech industry.

Lisbon-based start-up, Vawlt, secures an additional €2.15m funding to boost their unique long-term distributed storage solution and expand their global footprint.

As mere 2p in every £1 invested in early-stage UK businesses goes to women, the IWD 2024 focus is on addressing the disparity in funding for female entrepreneurs.

IWD 2024 puts spotlight on the need for greater investment and inclusion of women in the tech sector, particularly in the historically male-dominated world of open-source.