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News
Canva in duelling US lawsuits over music licensing
17+ hour, 32+ min ago (263+ words) Canva and US music-rights specialist Crunch Digital are suing each other after their commercial relationship broke down amid competing allegations over confidential data leaks, music licensing and unpaid work. In the Superior Court of California, County of Los Angeles, Canva…...
Claude help us — Capital Brief
4+ day, 5+ hour ago (172+ words) Once again, the story of the day is AI. But even by the standards of the current era, this one is a little odd. As we covered in this morning’s Standup, pretraining researcher Jacob Coxon dramatically resigned from Anthropic, warning…...
Main Sequence injects $10m into Metacognition AI to build ‘Windows for robots’
4+ day, 22+ hour ago (259+ words) Australian artificial intelligence researcher Anton van den Hengel has raised $10 million from Main Sequence to build what he describes as the “Windows for robots” — a software layer designed to let people safely control robots and complex industrial systems using natural…...
IPO prep — Capital Brief
1+ week, 14+ hour ago (206+ words) Canva’s US hiring seems to be moving the IPO prep from theoretical to operational. Capital Brief’s Bronwen Clune reports Canva is bringing on senior staff to rehearse earnings calls, manage sell-side analysts, prepare financial guidance and harden the finance systems…...
Canva steps up US public market preparations with IPO-focused hiring push
1+ week, 17+ hour ago (232+ words) Canva appears to have accelerated the build-out of its US public-company infrastructure, hiring senior staff to rehearse earnings calls, manage sell-side analysts, prepare financial guidance and strengthen the financial systems needed to operate under public-market scrutiny. Canva has been open…...
Bridget Loudon’s Expert360 heading for fire sale to IPO hopeful Swipejobs
1+ week, 5+ day ago (194+ words) Online consulting platform Expert360 is in the final stages of a sale to IPO hopeful Swipejobs in a deal that appears to leave its earliest investors and employees and even its founder Bridget Loudon with nothing. Two separate documents viewed by…...
🪃 Boomerang angst — Capital Brief
1+ week, 5+ day ago (202+ words) Earlier this year, Superpower co-founder Max Marchione told Capital Brief he would invest in any Australian founder who relocated to San Francisco to start a company. Last week, he brought together close to 100 young founders and operators at The Pillars…...
Russian hackers used SpaceX’s Cursor AI tool to attack EU, US firms
2+ week, 3+ day ago (318+ words) The news: SpaceX-owned coding tool Cursor was used by Russian-speaking hackers to target 10 US and European organisations earlier this year, according to security startup Gambit. Gambit threat intelligence director Eyal Sela said his team found chat logs from ransomware group…...
Bill Gates calls for robot tax and human-only jobs in essay on AI transition
2+ week, 4+ day ago (363+ words) The news: Microsoft co-founder Bill Gates says countries should tax robots and AI tokens while setting aside some jobs exclusively for humans. He called on governments to urgently establish domestic and international frameworks to manage the technology. The response should…...
Anthropic’s bankers float USD100b-plus IPO: NYT
3+ week, 15+ hour ago (103+ words) Good morning. Here’s what happened overnight and what you need to know today. Galileo Ventures has raised $15 million toward a $30 million second fund, with its partners saying the AI boom has changed what counts as a fundable pre-seed company. Rampart…...