IT Industry stories - Page 11

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

January Capital raises over USD $130m for an Asia-Pacific growth credit fund targeting sponsor-backed technology companies.

SEEK and Employment Hero end court battle, restore API access and scrap competition claims, avoiding a ruling on digital market power.

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

US holiday online sales hit a record USD $257.8 billion as shoppers shifted to mobiles, Buy Now Pay Later and generative AI search tools.

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.

Perth's Norwood Systems has claimed a major Asia-Pacific AI honour for its Open Span Call Protect industrial communications platform.

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

Umbraco opens Melbourne hub and names Emmanuel Tissera Head of APAC to drive expansion across Australia, New Zealand and Asia-Pacific.

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

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

AirTrunk will pour AUD $5bn into a second Melbourne hyperscale campus, boosting its local AI and cloud data capacity beyond 630MW.

MRead secures AUD $1.6m grant to advance MineReader, a handheld magnetic resonance landmine scanner aimed at faster, safer demining.

Lendi Group promotes Devesh Maheshwari to CTO to spearhead its AI-native transformation across Aussie and Lendi brands by mid-2026.

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

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.

Kubus names Katie Hunt as Head of Marketing and promotes Liv Duncan to Head of HR, strengthening leadership for global growth plans.