Codex Goes Mobile, IGP Frozen

By the Dovetail editors · 4 min read

TL;DR

OpenAI ships Codex to mobile as Microsoft pulls back Claude Code licenses internally
Australia's flagship startup grant program frozen after ~$50M clawed back in budget
Cerebras pops 108% in first big tech IPO of 2026
CGT discount changes spark debate across AU startup sector

AI · Worldwide

OpenAI brings Codex to your phone

OpenAI's Codex coding agent is now available in the ChatGPT mobile app on iOS and Android. The move comes as the company refocuses resources on developer tools after shutting down Sora and other side projects.

Microsoft pulls Claude Code licenses, pushes devs to its own tools

After opening up Claude Code access to thousands of employees in December, Microsoft is now revoking most licenses and steering developers toward its own AI coding tools. Anthropic's tool proved perhaps a little too popular internally.

Cerebras IPO raises $5.5B, stock doubles on day one

AI chip maker Cerebras delivered 2026's first major tech IPO, with shares jumping 108% on debut. A year ago the listing looked unlikely given regulatory headwinds around its Saudi ties.

Australian Tech & Policy

Flagship startup grant program frozen after $50M clawback

The Industry Growth Program has been put on hold after nearly $50 million in uncommitted grant funding was pulled back in this week's federal budget to fund a broader science and research package. The freeze hits less than two years after the program launched.

CGT discount changes face pushback from startups and Coalition

Treasurer Jim Chalmers says he'll work with the startup sector on CGT concerns but won't abandon the policy's principles. Meanwhile the Coalition has pledged to repeal the reforms entirely if elected, and accountants are calling out the gap between CGT indexation and unchanged small business concessions.