Australia and New Zealand face the same challenges as other technology companies. Valuations are falling, early-stage funding is rising, and investors want their companies to focus on sustainable long-term growth and a clear path to profitability.
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But Australia and New Zealand’s isolation from the rest of the world creates a sense of urgency to build global products. After all, “doing more with less isn’t hard; it’s the norm,” writes TechCrunch’s Rebecca Bellan.
Check out what Australian and Kiwi investors are thinking about venture capital in these regions right now.
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Securing generated AI across the technology stack
According to Forgepoint Capital VP Connie Qian, the rapid pace of AI innovation is creating “new considerations around cybersecurity, ethics, privacy, and risk management.” As the regulatory landscape evolves, startups must focus on ensuring their interfaces, applications, and data layers are secure.
Ask Sophie: I work on H-1B at OpenAI. How can I explore immigrant independence?
Dear Sophie
I signed OpenAI’s letter threatening to resign unless the board resigns. I’m his AI engineer on his H-1B. PERM passed and EB-3 I-140 was approved. However, my priority date is not current yet. If Altman can’t return home, how can he stay in the U.S. and start exploring new opportunities at AI startups?
— Brave Employees
Source: techcrunch.com