iTWire Update – Australian Owned and Operated

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Hi John,


New research has discovered that almost three-quarters (72%) of Australian businesses are using some form of AI, however only half of respondents (52%) have staff policies in place for its use.

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Australian-listed space technology company Spacetalk has reported results for the year ended 30 June 2023, reporting revenue (ARR) growth of 33% to $8.3m compared to the prior year, which it says was supported by strong Mobile Virtual Network Operator (MVNO) subscriber growth since launch in November 2022.

Cable venture company Subco announced it will commence construction of a new transcontinental submarine cable that will connect Sydney, Melbourne, Adelaide and Perth.

Macquarie Data Centres, part of Macquarie Technology Group, will increase data centre IC3 Super West’s IT load to 45 megawatts, a 41% increase from its original plans, as part of its expansion to accommodate AI.

Australian-built unified data preparation studio is turbocharging its expansion in North America, opening a new office in San Francisco, complementing the Palo Alto office, to further boost its growth and client adoption.

And as always there's plenty more today, so for all the news please visit www.itwire.com.

Josh Martinez, newsletter editor, iTWire

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