The biggest shift in market power right now is not subtle.
From mid-May to mid-June, the global tech story has been clear:
AI is racing to Wall Street.
SpaceX hit the public markets in what’s being called the largest IPO in history.
Anthropic, the team behind Claude, raised serious capital at a near $1 trillion valuation and filed to go public.
OpenAI, the maker of ChatGPT, has also filed for IPO, setting the stage for another monster public market event.
For 20 years we talked about FAANG.
Facebook. Amazon. Apple. Netflix. Google.
That era has changed.
The new watchlist might be MANGOS:
Meta. Anthropic. Nvidia. Google. OpenAI. SpaceX.
Different players. Bigger markets. Faster cycles.
And while the global capital machine is moving at rocket speed, there’s plenty happening closer to home too:
- Ordermentum secured $55m led by Five V
- Zip settled its trademark dispute and will remain Zip in Australia
- Goterra entered voluntary administration after being unable to secure the capital needed to scale
- Labor’s CGT challenges are getting louder, with tech leaders including Scott Farquhar and Canva’s co-founders weighing in
- Advance VC hit its $15m target in under a year
- HESTA backed Synthesis Capital, a new $70m venture fund chasing medtech winners
And then there’s search.
Google Search is changing dramatically.
The familiar blue links we’ve known for 25 years are being pushed further down the field as AI-powered answers move front and centre.
That means SEO is no longer just about ranking.
It’s about being understood, trusted, cited, and surfaced inside intelligent search experiences.
The takeaway?
Capital is chasing AI.
Markets are rewarding scale.
Local founders still need resilient funding pathways.
And every business relying on digital discovery needs to rethink how it shows up.
The game has changed.
Now the scoreboard is changing with it.
Connect With Gavin:
https://www.linkedin.com/in/gavinappel/
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https://www.linkedin.com/in/tobiskovron/
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