business
Perth AI firm Capability X prepares ASX debut with $12 million raise
Perth AI developer Capability X, a technology outfit built on the smell of an oily rag, is preparing for its ASX debut tomorrow under the
Perth AI developer Capability X is preparing for its Australian Securities Exchange debut under the ticker CX8. The company is raising $12 million to fund the deployment of multiple devices designed to target industrial safety and automation.
Latest updates
Perth AI firm Capability X prepares ASX debut with $12 million raise
Perth AI developer Capability X is preparing for its Australian Securities Exchange debut under the ticker CX8. The company is raising $12 million to fund the deployment of multiple devices designed to target industrial safety and automation. The technology aims to make industrial workplaces safer and smarter, drawing comparisons to Tesla's approach. The firm has multiple devices already deployed as it prepares for the listing, according to reports from The West and The Age on November 11, 2026.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Topics
Related stories
How AI is helping Aussie home buyers
How AI is helping Aussie home buyers
Qantas to cut hundreds of jobs
Qantas plans to cut nearly 1,000 jobs after outsourcing deal with Accenture
One in five Australians underpaid super as funds prop up household wealth
Nearly one in five Australians received incorrect superannuation payments as property values fall.