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Australia's startup deal drought; The rise of Chinese AI.

A new report suggests that Australia has seen the strongest first half in venture funding since 2022 — but the number of deals is actually a quite a bit lower. Meanwhile, the conversation around Chinese AI is heating up with the release of new frontier model Kimi K3 and Xi Jinping’s speech at a major Chinese AI conference.

We discuss:

The numbers in the new Cut Through Venture report

Whether the reduction in deal numbers is a warning sign — or just evidence of where the market is going globally

The ongoing instability in software investment, in Australia and beyond

How AI is changing the…

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