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'Like a nuclear explosion': Investor on AI's greatest threat
Khosla Ventures invested US$50m in OpenAI for a 5% stake in 2019.

Halter CEO's inside secrets to raising capital
Fresh off raising $165 million, Craig Piggott explains his strategy.

Rockets to ranches: How Halter's cattle collars turned a Kiwi start-up into a US$1b unicorn
Halter's solar-powered collars are on hundreds of cattle in the US.
Best of Premium Business

Du Val downfall: From champagne, private jets to receivership and $250m debt
Now Du Val investors and creditors want their money.

The Lion roars: How a cluster of breweries came to be owned by a Japanese conglomerate
Doug Myers was instrumental in transforming Lion Breweries into an international company.

Tall Timber: NZ’s biggest 20 forestry companies
Who are the companies behind New Zealand's third biggest export trade?
Business Opinion
Latest from BusinessDesk

Partner content

Solar bat monitors uncover secrets of Auckland’s night sky
They don’t screech or suck blood. But they do sing.

Get your kids involved in your reno
Home renovation projects inevitably involve and impact the whole family.

Anzor’s East Tāmaki hub speeds supply
Fully stocked warehouse enables businesses to create with confidence.
Personal Finance
Property


British, Asian, Kiwis inquire about buying Cardrona Hotel
The Queenstown Lakes District Council values the main site of land and buildings at $5.4m.

Tony Alexander: What the OCR hold means for mortgage-holders and house prices
The Reserve Bank has put the brakes on its run of rate cuts.

Art collector's mansion sells for $7.75m as US buyers fly in for lifestyle estates
Local buyer nabs trophy home, but agent notes spike in overseas interest.
Latest from Small Business

The secret sauce of the bar named NZ's best
'I’ve always wanted to be called an institution – that’s my goal.'

On The Up: From fishing shows to first aid - Parachute First Aid's unique journey
Kate Mounter on her first aid kit business Parachute First Aid.

'Change their footprint': Kiwi start-up's plan to shave $1200 a year off household power bills
Basis plans to install over 50,000 smart panels globally in the next 24 months.

Small Business: Kiwi pickle brand processes 100 tonnes as business booms
Reuben Alderson talks to Tom Raynel about his small artisan foods business Alderson's.

On The Up: A royal new venture with King Bees Honey
Cate and Mike King talk to Tom Raynel about their new business King Bees Honey.

Controversial Kiwi start-up, once worth $38m, folds in New York
It says it's collateral damage in the city's war on Airbnb and will try again elsewhere.
Technology

Is ChatGPT really the new Google? We dug into the numbers
Analysis: Web search may be losing some ground to AI.

NZ's 'light touch' AI strategy raises eyebrows among experts
Critics say the strategy lacks timelines, deliverables and measurable goals.

A ’60s-flavored band blew up on Spotify. They are not actually real.
The Velvet Sundown has confirmed that its viral success is powered by AI.
More Business news
Asia number one target of Trump's tariff letters
Trump warned 14 countries of higher import tariffs starting from August 1.
People fear pensioners falling for scams but also admit 'oversharing' online
Do as I say, not as I do: a survey exposes generational tensions in scam-fighting.
Spike in IRD-enforced liquidations as pressure goes on firms in tax arrears
The tax agency is accounting for 70% of applications to wind up companies.
Richard Prebble: Why Trump's Budget deal spells trouble for US economy
OPINION: US federal debt is projected to reach 130% of GDP within a decade.
Pilot sacked over Covid-19 vaccine wins Employment Court case
'Great' pilot was sacked despite doctor's vaccine advice, request for Novavax.
On The Up: Freeze-dried food maker aims for major growth with Rebel Sport, Foodstuffs deals
Founder Mike Rudling envisions Radix as a global leader in personalised nutrition.
Market close: NZX not crying over spilt a2 Milk, gains 0.74%
Summerset shares lifted 3% to $12 after a trading update.
Reserve Bank of Australia surprises markets, holds cash rate at 3.85%
Only six of 37 economists predicted the RBA would keep rates unchanged.
TVNZ news in the spotlight: Independent review will check for balance, bias
Former Australian news boss will lead trust review; TVNZ forecasts $48.5m loss in 2026.
$30 billion blast-off: Why Rocket Lab just hit an all-time high
Recent US political developments impact Rocket Lab, Infratil and Allbirds.
Uber grilled in Supreme Court on the status of its drivers
Ruling has the potential to affect others in the gig economy.
Jetstar in top 10 as world’s cleanest airlines ranked
Sardine-class seating and newest jets help cut emissions but will they win people over?
Mercury inks long-term power deal to support NZ packaging giant
The deal will support Mercury to build more renewable power generation.
Genesis AI trial cuts energy use by 10% with smart hot water control
The trial involved 17,000 customers, shifting water heating to off-peak times.
Council reviewing court ruling on Ngāti Whātua Ōrākei dominance at Westhaven
The court affirmed Ngāti Whātua Ōrākei's dominance at Westhaven over 18 other iwi.
Red meat exports hit $1.15b in May despite drop in volumes
Meat Industry Association says it reflects sector's continued shift from volume to value.
Fletcher was under-insured, convention centre subbies claim
Millions at stake in the Fletcher v subbies trial.
Cardrona Hotel sale could set Trade Me record: 21k views in under a week
High interest in the sale of the 162-year-old hotel with a heritage-listed false front.
Latest from OneRoof Commercial

Sponsored: Rub shoulders with Sir John Key at Gibbston Valley Resort
Queenstown's latest lifestyle opportunity is proving very popular.

Kiwi bank that starred in World's Fastest Indian fetches $650K at auction
Heritage building had key role in hit film starring Oscar-winner Sir Anthony Hopkins.

Adding value to your property - the easy way
Make your backyard beautiful, adding value with easy updates

More kiwi homeowners turning to solar
Solar energy now an economically viable option with up-take here and overseas increasing.

Ngāi Tahu brings iwi values to industrial development
Poised to deliver its third major industrial development to the market.