Government Investment stories
Motorola launches Avigilon Visual Alerts, an on-prem AI system that spots bespoke safety and security risks across complex camera networks.
Dr Nicole Mather has been named Chair of the Wellcome Genome Campus Science Advisory Group as it embarks on a major expansion in genomics and data science.
The satellite IoT market is set to grow at a 26% CAGR to reach USD $4.7 billion by 2030, driven by tech advances and rising demand for remote connectivity.
The global intelligent transport system market is forecast to grow from USD $41.7bn in 2024 to USD $124.8bn by 2035, driven by urbanisation and tech advances.
UK IT leaders prioritise AI integration despite tight budgets and security risks, with 37% naming it their top focus amid rising government interest.
Cicada Innovations, Australia's deep tech incubator, has generated an economic impact exceeding AUD $8 billion over 25 years, driven by AUD $6.5 billion raised.
EXOq, a new research district near Oxford, will bring GBP £1.4 billion annually and 7,000 jobs, boosting the local economy and innovation sector.
South Australia's tech workforce is set to nearly double by 2035, boosting the economy by AUD $5 billion and creating 49,000 new skilled jobs.
Canadian Food Innovation Network awards funding to five startups pioneering foodtech in automation, packaging, waste reduction and digital manufacturing.
Victoria's tech sector adds $36 billion and employs over 300,400, with workforce expected to exceed 700,000 by 2035 amid strong upskilling efforts.
Set to kick in for large data centre hardware from 31 Dec 2026, the levy will offset against corporate tax to boost AI investment and local jobs.
Confidence in New Zealand’s civil construction sector has slumped, with only 16 percent of firms expecting a positive outlook amid fewer projects.
Ryze has rebranded North East data centre developer Latos, which aims to build 40 UK sites by 2030, focusing on AI-ready, rapid deployment facilities.
Beaten Zone Venture Capital Fund 1 has gained Early Stage Venture Capital registration, targeting AUD $451m in defence tech investments with tax benefits for partners.
Ministry invests in HealthSpark, a Vector Institute programme boosting AI-driven healthcare innovations and startups.
The UK's GBP £2 billion AI plan ignites optimism for tech growth, but experts stress urgent need to close the widening AI skills gap across industries.
Australia's workforce grew 22.9% since 2014, with dramatic rises in aged care and tech roles, while traditional jobs like travel agents and farmers declined.
Retail crime is surging in Australia, with a 22% rise in return fraud. Experts urge government investment in technology to combat these threats.
The Australian Computer Society has backed the Federal Government's budget proposal, introducing tax cuts aimed at benefiting technology professionals across the country.
Shared support from major parties at the New Zealand Infrastructure Investment Summit has raised hopes for a steadier project pipeline.