At The Australian Financial Review AI Summit last week, Cameron Adams, the billionaire co-founder of the Aussie-born design software giant Canva, said Australia’s venture capital sector would have to keep waiting for what might be the most anticipated Australian IPO in a generation.“We’re not in a rush to IPO, and there’s definitely no forcing function for us at the moment,” Adams said.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
OpenAI joins the great dash for AI cash. Pity the maths doesn’t work
The IPOs of OpenAI, Anthropic and SpaceX are asking investors to suspend disbelief – and the normal rules of economics and finance.













