The sector’s latest impact report shows that demand for capital is continuing to outstrip supply. NBR talks to Kwetta, Nilo and Shower Canary on their fundraising efforts.
Data centre campus near Invercargill will be the country’s second-largest electricity user after the Tiwai Point aluminium smelter.
Finance and Economic Growth Minister Nicola Willis says access to capital remains uneven for some startups.
The AI company says Kiwis and Australians are heavy users of its Claude platform.
Simpson Grierson partner Nick Chapman says the building question of whether AI-generated decisions can be challenged has been answered.
Dr Shane Reti says too many promising ideas are struggling to move from lab to market.
New Zealand’s single biggest export company and one of its largest employers is testing AI for everything from mobile phone orders to penning warning letters to staff.
Convertible bond structure offers 49% stake for minimum US$5m issue as audited accounts remain outstanding.
Black Pearl Group founder Nick Lissette says traditional software-as-a-service companies that don’t evolve quickly enough will lose to AI agents.
The Kiwi online education startup has raised $7.4m in a seed round backed by two Silicon Valley VC firms.