Silicon Valley stories

Riskified urges shoppers and merchants to stay vigilant against rising AI-driven eCommerce fraud as holiday online sales may hit USD $311 billion in 2025.

Singapore-based Agnes AI has surpassed two million users, with half of its 150,000 daily active users hailing from Southeast Asia, signalling rapid regional growth.

ANYbotics appoints Marc Villard as VP Operations and Alessandro Norscia as Chief Product Officer to boost growth in industrial robotics.

Australian startup Heatseeker won top prize in L'Oréal's Big Bang Beauty Tech competition, advancing AI beauty tech across the South Asia Pacific region.

Former Metro Bank CIO Louise Leavey urges banks to view technology as a continuous evolution, embracing AI and automation to enhance finance services and resilience.

Mark Lane has launched Canada’s first FX platform letting entrepreneurial currency professionals run their own client portfolios with flexible hours and higher commissions.

Hexaware appoints Eravi Gopan as President and Global Head to steer growth in High Tech, Products, and Platforms sectors globally.

US AI firm Topsort enters UK via Phuzion Media acquisition, appointing Stefano Biondi as General Manager to boost local retail media presence.

Hitachi Energy and NVIDIA have launched an 800 VDC power system to boost efficiency and sustainability in AI data centre operations worldwide.

Nebius launches global awards with USD $100,000 in AI Cloud credits for startups advancing robotics and physical AI across Asia, Europe and the US.

Neo4j commits USD $100 million to advance agentic and generative AI, launching new products and a global startup programme to boost AI innovation.

A study finds 88% of UK public companies rely on US tech providers, raising concerns over national digital sovereignty and economic risks.

Sydney fintech Xynon plans to raise up to USD $10 million to grow its adviser-focused wealth platform, integrating Morrison Securities’ broker infrastructure.

Databricks has raised USD $1 billion, valuing the AI firm at over USD $100 billion amid rapid growth and a USD $4 billion revenue run-rate.

Stefan Leitl returns to Melbourne as Cisco’s new Vice President for Australia and New Zealand, bringing extensive global experience in IoT and digital transformation.

Auckland-based ThinkGo launches to help New Zealand SaaS startups navigate early growth challenges with practical tools and proven strategies.

Airtree Ventures has raised a USD $425 million fund, attracting global investors eager to tap into Australia’s booming tech sector and high-return startups.

Kyndryl partners with Nova Intelligence to speed up SAP Cloud ERP migrations using AI, easing custom code transformation and modernising legacy SAP systems.

ORO Labs is revolutionising enterprise procurement with agentic AI, delivering smarter, user-friendly automation that boosts compliance and efficiency.

Cognition has acquired Windsurf's core assets post-failed OpenAI and Google deals, reshaping the competitive AI coding tools market in July 2025.