TelcoNews New Zealand - Telecommunications news for ICT decision-makers

Investors stories

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Investment Association alerts UK investors of AI trading risks
This month
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ai
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cybersecurity
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cyber risk
UK's Investment Association cautions investors on relying solely on AI and trading bots for investments, noting the potential financial risks and cybersecurity vulnerabilities.
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Crowdsourced funding in Australia holds steady in 2023
Last month
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travel
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nsw
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software
Amidst overall funding decreases, crowdsourced funding in Australia remained steady in 2023, securing $71m for local businesses.
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Who the backers back: Why diversity in Australian VC funding portfolios should be made public
Last month
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dei
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jobs
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law
Diverse companies outperform less diverse peers, McKinsey report shows, prompting calls for Australian venture capital funds to publicly disclose diversity levels within their investment portfolios.
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HFCL secures INR 623 crore order for Indian-made 5G gear
Last month
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analyst report
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fmi
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cagr
HFCL Limited has inked a milestone INR 623 crore deal for the supply of indigenously-made 5G networking gear, making it the first Indian company to secure such a large order.
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ExtraHop secures $100m in growth capital, expands executive team
Last month
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ml
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advanced persistent threat protection
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ndr
ExtraHop secures $100m growth capital, bolsters executive team, and is poised for exponential growth in the expanding NDR market.
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Zally & SoSquared host FLIP MCR to boost local tech scene
Last month
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ai
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venture capital
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investors
Zally and SoSquared unite to host FLIP MCR, a networking event for local entrepreneurs looking for investment, aimed to spark venture capital activity in 2024.
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Investors doubt sincerity of corporate sustainability reports, PwC survey reveals
Thu, 28th Dec 2023
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ai
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inflation
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cios
94% of investors doubt the credibility of corporations' sustainability reports, suggests 2023 PwC Global Survey.
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AI and sustainability amongst key fintech trends for 2024
Wed, 20th Dec 2023
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cx
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cryptocurrency
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blockchain
Lanistar Chief Executive Officer, Jeremy Baber, spotlights AI, Gen Z adoption, and sustainability as 2024's major fintech trends.
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Modest growth in M&A activity predicted for next year
Thu, 14th Dec 2023
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phishing
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fintech
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email security
Biztech Lawyers and Intelliworx predict modest growth in M&A activity, company consolidation, and an upswing in down round investments for 2024 tech industry.
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Relevance AI secures AU$15M for AI workforce expansion
Wed, 13th Dec 2023
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physical security
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ai
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sales
Relevance AI bags AU$15M in Series A funding to help businesses build and democratise AI workforces across the globe.
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Australian startup Leonardo.Ai raises AU$47m to revolutionise art ecosystems
Tue, 12th Dec 2023
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cloud services
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public cloud
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aws
Australian tech startup Leonardo.Ai raises AUD $47m to transform the art industry, after attracting seven million global users.
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Verne Global appoints Natasha Mehta as Head of Project Management
Thu, 7th Dec 2023
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project management
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digital realty
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cto
Verne Global appoints Natasha Mehta, former VIPA Digital Associate Director, as Head of Project Management to help guide its sustainable data centre operations across Europe.
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'Sustainability goals not matching ambition in global businesses, study reveals'
Tue, 5th Dec 2023
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microsoft
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climate change
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customers
A new study reveals a wide gap between the high sustainability ambitions of global businesses and their actions.
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Australian fintech sector shows success but start-ups face steep entry barriers
Mon, 4th Dec 2023
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fintech
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financial institutions
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ey
Australia's fintech sector thrives, yet emerging start-ups battle daunting entry barriers, according to EY FinTech Australia Census report.
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Clarity AI & AWS partnership for sustainable investing
Fri, 1st Dec 2023
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cloud services
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public cloud
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ml
Amazon Web Services partners with sustainability tech platform Clarity AI to enhance sustainable investing using AI and data analytics.
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UK business leaders to bolster sustainability investment by 2026
Sun, 19th Nov 2023
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sustainable it
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partner programmes
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investment
80% of UK business leaders plan to maintain or increase their sustainability investment by 2026, reveals SAP study.
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CEOs prioritise new business building for strategic growth, finds McKinsey study
Tue, 14th Nov 2023
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iot
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services
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investment
A McKinsey study suggests that half of all CEOs are focusing on new business development to generate new revenue streams.
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AI's rising environmental impact concerns CEOs, Gartner survey finds
Wed, 8th Nov 2023
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power / energy
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ai
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digitalisation
Survey reveals environmental implications of AI, as it could consume up to 3.5% of global electricity by 2030, according to Gartner.
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Tech start-up Happly revolutionises moving with $1.75m seed funding
Tue, 7th Nov 2023
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melbourne
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sydney
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brisbane
Australian start-up Happly has secured $1.75m in seed funding to further develop its end-to-end moving platform.
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London-based AI firm RETAILIGENCE targets global expansion
Fri, 27th Oct 2023
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ml
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retail
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global expansion
London-based AI firm, RETAILIGENCE, plans significant global expansion since a 2500% revenue surge post-launch.
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Fintech trends and financial challenges for the UK
Fri, 27th Oct 2023
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fintech
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predictions
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hype cycle
SaaScada has issued five forecasts for the United Kingdom's fintech sphere in 2024, including a crisis in artificial intelligence and major shifts in payments.
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Projected surge in 5G NR and LTE small cell RAN equipment spending
Mon, 23rd Oct 2023
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edutech
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mobile operators
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predictions
5G NR and LTE-based small cell RAN equipment spending to reach nearly USD $3 billion by 2026, says SNS Telecom & IT.
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Australian Technologies Competition 2023 recognises talent & solutions
Mon, 16th Oct 2023
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retail
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melbourne
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awards
ATC 2023 reveals top tech innovators in Australia, celebrating trailblazing solutions in areas like MedTech, fintech.
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Telstra set to acquire tech consultancy firm Versent for $267.5M
Mon, 16th Oct 2023
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cloud services
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microsoft
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iam
Telstra to buy tech consultancy firm Versent for $267.5m, aiming to boost growth and support digitisation of Australian businesses.