Latest updates for ANZ sales professionals
Toast posted $6.5B ARR growing 22% while turning GAAP profitable for the first time. The restaurant POS company crossed 171,000 locations, added 7,000 net new in Q1, and has 40,000 using its AI agent platform weekly. Software margins hit 80%. Not slowing down.
Open USD launches 2026, backed by 140+ firms including Visa, Mastercard, Stripe, Google, and Shopify. Unlike Circle or Tether, reserve yields flow to partners, not a single issuer. Zero-cost minting targets payment companies and fintechs tired of high transaction fees.
Government considering splitting audit and consulting arms at KPMG, EY, Deloitte, PwC after KPMG withdrawn AI report contained fabricated case studies. Caps on partner numbers also on table. Combined $219B revenue firms could face structural changes affecting thousands of ANZ consulting and sales roles.
A US government order blocked Australian access to Anthropic's top models in June. Days later, OpenAI delayed its GPT-5.6 launch, limiting rollout to 20 White House-approved partners. The moves highlight how little control ANZ has over AI infrastructure sales teams increasingly rely on for prospecting, research, and customer engagement.
Noam Shazeer and John Jumper left Google for Anthropic within 48 hours, wiping $225 billion off Alphabet's market cap. The departures signal a talent retention crisis as Google holds #3 in AI behind OpenAI and Anthropic. Wall Street is questioning whether the company can compete when pre-IPO rivals offer equity upside that a public giant cannot match.
Adobe walked away from planned Creative Cloud price increases worth $500m ARR in H2 FY2026. The company that raised prices every year for the past decade just blinked. Enterprise renewals still getting the full increase, but consumer and SMB tier pricing power is gone. Canva at $4b ARR, Figma at $1.2b, and free Affinity changed the math.
Big Tech buys your rival. Your AE panics. The prospect goes quiet. Except the data says something different: acquirers validate categories, slow down GTM, and hand you runway. Here is what changed in 2025, and what it means for your pipeline.
Victoria's new work-from-home law covers regular casuals and part-time staff, creating Australia's first statutory remote work entitlement. Two days per week starts September 2026 for businesses with 15+ employees, July 2027 for smaller teams. Disputes go to state commission, not Fair Work.
Australians lost access to Anthropic's Fable 5 and Mythos 5 AI models after a US government order citing national security. The block hit locally distributed AI tools mid-deployment, raising questions about regulatory risk for any vendor selling frontier tech into ANZ.
OpenAI filed confidentially for an IPO, valued at $852 billion but burning $10 billion a year. If your sales tech stack runs on ChatGPT or OpenAI models, you are betting on a landlord who has not shown profit yet. Public market pressure will change how they price, prioritise enterprise customers, and manage margin.
Most 20-year-old software companies coast on installed base. Shopify just posted 34% growth, its fastest in four years, on $3.17B quarterly revenue. The model: payments and merchant solutions now drive 76% of revenue, subscriptions just 24%. Worth noting for B2B sales teams: success-based revenue is growing 2x faster than recurring.
Legacy B2B vendors face brutal margin pressure: complex AI features cost $0.30 to $1.00+ per API call, while customers access the same models via Claude Pro for $20/month. That gap explains why enterprise AI features often feel thin, and why AI-native startups are winning deals on economics alone.