IT Industry stories - Page 9

Elon Musk's xAI raises USD $20 billion, turbocharging Grok model training and GPU build-out as rivalry in frontier AI heats up.

Accenture to acquire UK AI specialist Faculty for USD $1bn, in its biggest British AI startup deal and a major bet on AI safety expertise.

CFOs seize control of cloud spending as volatile infrastructure and AI costs erode tech start-up margins and strain forecast accuracy.

Cisco Systems Capital's New Zealand branch lifted profit in FY2025, supported by lower costs, currency gains and higher assets.

AI-driven demand is set to unleash up to USD $3 trillion in global data centre investment, doubling capacity to 200GW by 2030.

VOSS launches v25.3 of its workplace platform, boosting AI assistant Wingman, Microsoft 365 security, Teams insights and DEM capabilities.

Snowflake invests in Ataccama to embed automated data trust and quality tools deeper into the Snowflake AI Data Cloud for enterprise AI.

Leaseweb hires Jan Willem des Tombe as Global Strategic Relations Director to sharpen its sovereign and hybrid cloud push worldwide.

JFrog appoints former Udemy marketing leader Genefa Murphy as CMO to spearhead global growth in AI-driven software supply chain tools.

Devoli becomes first to appear five years running in Deloitte New Zealand's Masters of Growth Index, capping a 478% revenue surge.

Craigslist founder Craig Newmark is funding Global Signal Exchange to expand its shared threat data network against rising online fraud.

Te Ara Hihiko wins top NZ Compare honour for tackling systemic barriers and boosting Māori and Pasifika equity in Aotearoa's tech sector.

Xero founder Rod Drury has been made a Knight Companion of the New Zealand Order of Merit for services to business and technology.

Autonomous AI and tougher rules are set to transform tech in Australia and New Zealand in 2026, reshaping security and digital sovereignty.

Boku lifts H1 revenue 34% and EBITDA 53% as merchants shift from cards to wallets, pushing payment volumes to $7.4 billion.

A fresh US rate cut ripples through New Zealand markets as tech investors reassess global liquidity, risk assets and digital exposures.

JAVLN acquires Australian document manager organiseit after AUD $6 million raise, deepening its APAC insurtech footprint and cloud offering.

ELMO Software is shifting from reactive HR to AI-native, human-centred systems that predict needs, boost productivity and preserve trust.

Auror opens a new global headquarters in central Auckland as it scales overseas and steps up efforts to combat organised retail crime.

DTSL names former Datacom leader Mark Muru as Group Chief Executive, as founder Ian McGough shifts to a strategic growth and M&A role.