World news, business and everyday lifeEN 06.10.2026
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Technology

Capability X launches A$12m IPO to scale edge AI deployments

Perth-based industrial technology company Capability X has lodged a prospectus with the Australian Securities and Investments Commission (ASIC) and launched a A$12 million initial public offering (IPO) to scale global deployment …

Business

Island raises $400 million Series F at $6.4 billion valuation

Island says it has raised US$400 million in a Series F financing round led by Evolution Equity Partners, valuing the company at US$6.4 billion. The company said the valuation is more than double its 2024 level. The funding is set…