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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

Sponsored: 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.

Making it modern in children’s rooms
Go bold and make it a multi-functional, fun space for your kids.
Personal Finance
Property


Ikea opening: Kiwi Property plans for traffic mitigation at Sylvia Park
'Ikea is likely to open around the Christmas trading period at the end of this year.'

Expats pay nearly $5m for Grey Lynn home eyed by film producers
Demand is high for fully renovated homes in the inner-city suburb.

Surf park developers win fast-track referral for 400+ homes
Earthworks started in October for the first stage of the project, 4km from Silverdale.
Latest from Small Business

'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.

Small Business: Weaving culture and quality with Nodi Rugs
Olivia Moon talks to Tom Raynel about her hand-woven rug business Nodi.

‘Fastest to $20m revenue’ - Tracksuit's rapid growth, $42m raise
"Fastest to $20m revenue."
Technology

Could a lab blunder replace 1080 poison and solve NZ’s rabbit plague?
A non-deadly alternative to 1080 is being developed which leaves pests sterile.

One of NZ's largest tech firms reveals financials amid AI 'revolution'
The firm's staff numbers dropped by 756 to 5375 in the financial year – a 12% reduction.

'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.
More Business news
House-building trend still soft as annual consents fall
May's annual consent total is the second-lowest for any month since the end of 2018.
Union warns against meat self-inspection plans
PSA says plans to privatise meat inspection service could risk food quality and safety.
PwC says sell: 59-unit partly built Du Val block up for sale
Government-appointed statutory managers PwC call in Colliers to quit an apartment project.
‘Needs to grow ... a bigger set of balls': BSA rejects complaint about Ryan Bridge's PM comment
A listener said the phrase was vulgar and disrespectful to the Prime Minister's office.
'Least upbeat': Construction sector struggles as demand weakens
But the retail sector is optimistic, with 40% expecting better conditions soon.
From Iran-Israel strikes to Russia’s war: How conflicts reshape air travel
New York Times: Closing of the skies has big effects on cost, convenience and safety.
'Actively exploring options': Genesis eyes new fast-start plant
Genesis plans a new fast-start plant at Huntly of up to 100MW by winter 2027.
Data show more Kiwis struggling to pay bills, behind on mortgage payments
Those most affected by financial hardship are aged between 35 and 49.
The Warehouse downgrades earnings forecast to include a worst-case $5m loss
A warmer start to the winter season is impacting sales of blankets, heaters and apparel.
Plumbing World parent reports $8.2m loss as construction downturn hits revenue
It's the second loss in a row for the business after posting a $6.37m loss in 2024.
Watercare secures $3.4b debt facility, largest for NZ corporate
Securing the bank debt marks Watercare's financial independence.
'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.
Tech Insider: Consumer NZ wants 3G phone refund; Council on Amazon site pause
Plus: Government names AI advisory panel. AWS NZ exec flips to opposition.
Market close: Primary sector spark on hope as NZX down 3.6% in first half
The New Zealand share market continues to lag other markets.
Further property sold in $100m+ Cook Property empire
Cook is selling a $100m-plus portfolio here, saying he has shifted to Sydney permanently.
'Pick up the pace': NZ needs faster progress on energy projects
Transpower highlights the need for more electricity generation amid declining gas.
Watch: First look inside City Rail Link’s unique new Te Waihorotiu Station
'No other train station in the world will look like this,' says CRL CEO Patrick Brockie.
'Dark clouds globally are impeding risk-taking' - ANZ
ANZ's June business confidence survey showed conditions were mixed.
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.