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Massachusetts Institute of Technology (MIT) stories

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Australia targets up to AUD $73.3 billion boost for AI by 2028

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Australia aims to attract up to AUD $73.3 billion in private investment for AI and data centres by 2028 under its expanded National AI Capability Plan.
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Bloomfilter launches app to synchronise AI & human workflows

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Bloomfilter launches the Celonis Agent Miner app to help businesses integrate and optimise AI agents working alongside human staff in daily workflows.
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Singaporean parents spend SGD $1.8 billion as tech reshapes focus

Wed, 10th Sep 2025
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Singaporean parents spent nearly SGD $1.8 billion on tuition in 2023, as digital distractions prompt new focus on improving children’s working memory and learning.
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Vertiv appoints Wei Shen as President of Greater China

Tue, 22nd Jul 2025
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Vertiv has appointed Wei Shen as President of Greater China, effective 22 July 2025, bringing extensive leadership experience in power and infrastructure sectors.
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Jonathan Zanger named CTO to advance AI at Check Point

Tue, 22nd Jul 2025
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Jonathan Zanger appointed CTO at Check Point to lead AI-driven cyber security initiatives and advance automation across its Infinity Platform globally.
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Element Robotics advances LunarSim platform for lunar & Earth missions

Fri, 11th Jul 2025
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Element Robotics' LunarSim, a digital twin platform for lunar missions, advances in Propel-AIR, aiming to cut costs and boost testing on Earth and the Moon.
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Six AI & robotics startups named as finalists for Propel-AIR

Fri, 4th Jul 2025
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Six Australian AI and robotics startups are finalists for Propel-AIR, vying for advanced support and a residency at MassRobotics in Boston.
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Kip Compton appointed CEO as Fastly reaffirms 2025 guidance

Tue, 17th Jun 2025
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Kip Compton has been named CEO of Fastly, replacing Todd Nightingale, with the company reaffirming its 2025 financial guidance amid the leadership change.
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MIT & NVIDIA create framework for intuitive robot control

Mon, 17th Mar 2025
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Researchers from MIT and NVIDIA have unveiled a framework enabling users to correct robot actions in real-time, enhancing intuitive interaction and performance.
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Enterprises urged to enhance investment in responsible AI

Thu, 13th Feb 2025
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A new report reveals that while 87% of executives acknowledge the need for responsible AI, 85% admit they lack proper preparation to implement it.
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Cynthia Gumbert named as Chief Marketing Officer at Litera

Thu, 16th Jan 2025
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Litera has appointed Cynthia Gumbert as Chief Marketing Officer, bringing over 20 years of technology marketing expertise to drive innovation and growth.
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MIT & Mecalux partner on AI project to transform logistics

Fri, 6th Dec 2024
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MIT and Mecalux are launching a five-year project to enhance logistics using self-learning AI, aiming to transform industry decision-making and efficiency.
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Australia's Propel-AIR to boost AI & robotics innovation

Thu, 5th Dec 2024
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Australian innovators in AI and robotics will receive vital support with the launch of Propel-AIR, starting January 2025 to expedite development.
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Brooke Eichhorn joins Behamics to lead APAC partnerships

Tue, 22nd Oct 2024
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Behamics has appointed former eBay executive Brooke Eichhorn as its new head of commercial partnerships for Australia and the Asia-Pacific region.
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Early adopters of generative AI see high returns, MIT reports

Tue, 17th Sep 2024
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MIT's new report shows early adopters of generative AI in data and analytics expect to see an ROI of 100%+ within three years, gaining a competitive edge.
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Fabric Cryptography raises $33m for VPU chip innovation

Tue, 20th Aug 2024
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Fabric Cryptography raises USD $33 million in Series A funding co-led by Blockchain Capital and 1kx to develop Verifiable Processing Unit chips for cryptography.
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Evolving a data centre into an Artificial Intelligence factory

Fri, 5th Jul 2024
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The advent of AI factories is revolutionising business operations by merging GenAI capabilities with modernised data centres, enhancing productivity and sustainability.
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MIT launches AI lab with Mecalux to advance logistics research

Thu, 27th Jun 2024
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MIT's Center for Transportation and Logistics launches the Intelligent Logistics Systems Lab to advance data-driven technologies in collaboration with Mecalux.
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Cloudera acquires Verta to boost enterprise AI capabilities

Tue, 4th Jun 2024
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Cloudera has acquired the Verta Operational AI Platform to boost its AI capabilities, aligning with the surge of AI integration in ANZ businesses like Telstra and BHP.
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Cloudera acquires Verta AI to enhance enterprise AI capabilities

Tue, 4th Jun 2024
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Cloudera acquires Verta Operational AI Platform to enhance its AI capabilities and meet the rising global demand for advanced AI solutions.