LA Private

October 30, 2024

Appen finds footing in AI market despite loss of Google

Appen (ASX:APX) has reported its Q3 FY24 results, highlighting resilience and strategic growth despite challenges in the tech sector. The company, which specialises in data sourcing, annotation, and model evaluation to enable AI systems across various industries, posted $54.1m in revenue for the quarter — a 13% drop from the same period last year. This […]

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Data3 reports record sales and AI growth

Data3 (ASX:DTL) has announced record gross sales of $2.8bn for FY24 at its Annual General Meeting, held today, representing 7.6% year-over-year growth despite economic headwinds like inflation and tightened corporate spending. The company, headquartered in Brisbane, provides a wide range of technology services across software, infrastructure, cloud, cybersecurity and data solutions, targeting sectors including government,

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Stocks of the Hour: Noble Helium, E79 Gold Mines, Syrah Resources

Noble Helium Limited (ASX:NHE) has found significantly elevated helium concentrations from gas bubbles in the southern North Rukwa Project, near Kinambo. A team from the University of Dar es Salaam used a Mini-Ruedi mass spectrometer to analyse six areas, all showing above-background helium levels. These locations align with potential shallow gas targets for the upcoming

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ASX down 0.24% near noon

At 11:40am, the S&P/ASX 200 is 0.24 per cent lower at 8,229.60. The SPI futures are pointing to a fall of 24 points. Best and worst performers The best-performing sector is Materials, up 0.88 per cent. The worst-performing sector is Consumer Staples, down 2.99 per cent. The best-performing large cap is Pilbara Minerals (ASX:PLS), trading

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Bougainville Copper settles dispute with Bougainville Government

Bougainville Copper (ASX:BOC) has reached an agreement with the Autonomous Bougainville Government (ABG) to resolve long-standing disputes over its exploration rights at the Panguna copper-gold project. This project, located in Bougainville, Papua New Guinea, was once one of the largest copper mines in the world, and holds significant historical and economic importance. However, it has

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BrainChip shoots for the stars with new partnerships

BrainChip Holdings (ASX:BRN) highlighted major advancements and partnerships in its September 2024 quarterly report, reporting steady growth in customer engagements and product developments. The company is known for its “Akida” neuromorphic processors that mimic the human brain to deliver low-power, efficient AI computing. The Akida technology is designed for edge AI applications, enabling devices to process

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Latin Resources moves closer to acquisition by Pilbara Minerals

In its quarterly report, Latin Resources (ASX:LRS) reported advancements in its flagship Salinas Lithium Project in Brazil and highlighted the strategic acquisition agreement with Pilbara Minerals (ASX:PLS). The proposed transaction, valued at around $560 million (approximately US$370 million), would see Latin Resources shareholders receive 0.07 Pilbara shares per Latin share — a deal offering a

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Weebit Nano hits key targets in expanding ReRAM technology

Weebit Nano’s (ASX:WBT) September 2024 quarterly report noted expanded customer engagements and strategic partnerships with over 20 industry players. “This quarter marks a milestone for our ReRAM technology’s market readiness, with high demand from fabs and device makers worldwide,” commented CEO Coby Hanoch. The company is pioneering Resistive Random Access Memory (ReRAM) technology, which is a

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