The funding round would double Kiwi startup’s previous valuation of $1.6 billion.
Innovation Minister Shane Reti says American AI companies want New Zealand to focus on biotech, geotech and agritech.
Edtech startup has acquired Book Creator and will soon launch Kami Companion, as Jordan Thoms takes a career break.
US headquartered digital payments provider process US$1.4 trillion in payments last year, and also appointed a New Zealand country manager.
Gray will continue to lead through a transition period although his successor has not been named.
The industry could use 2.2% of all NZ’s electricity by 2030, if growth opportunities are exploited, says NZTech.
The Kiwi-Dutch company is also mulling a new funding round.
New Zealand’s largest locally owned technology company is seeking feedback from its team on the changes.
‘You won’t lose your job directly to AI, but you’ll lose your job to someone who knows how to use AI,’ head of AI Forum says.
It follows already announced cuts to the contestable science fund and many others to help fund the new Advanced Technology Institute.