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How AIBUILD is Shaping Melbourne's AI Future

What started in a university library is now one of Melbourne's most ambitious AI companies. 

AIBUILD was founded in 2017 by Yifei Wang, emerging from a network of University of Melbourne classmates and early technical collaborators who shared a belief that advanced technology could solve real-world business challenges. As the company grew, some early collaborators moved into leadership roles within partner companies, strengthening the broader AIBUILD ecosystem while maintaining clear operational boundaries between AIBUILD-led and partner-led initiatives.

Within two years, the team had delivered more than 100 projects spanning web, mobile, e-commerce, and AI systems. But AIBUILD's ambitions extended beyond project delivery. Around 2020, the company made a strategic shift into AI research and development. Today, AIBUILD operates as a Melbourne-based AI venture builder and commercialisation platform, combining research capability, product engineering, industry deployment and venture creation to build scalable AI solutions and companies for real-world sectors.

 

"We wanted to build technology with real impact, not just deliver software," said Yifei, co-founder of AIBUILD.

AIBUILD is a team of around 30 people with expertise across AI, machine learning, computer vision, robotics, and data platforms. 

Central to that growth has been AIBUILD's co-location at Melbourne Connect Co-working. AIBUILD was among the precinct's earliest co-working members, starting with one office and expanding into four as the company scaled.  

"Being surrounded by founders, researchers, university teams and innovation partners has continually pushed us to raise our ambitions," said Yifei. "It has also given AIBUILD a strong base to host events, connect with collaborators, and build long-term partnerships."

That community access has translated into real visibility. At Melbourne Connect's flagship Future of research showcase, Yifei showcased Otaro, a project harnessing AI, augmented reality, and virtual reality to reimagine how students learn and present to an audience of researchers, educators, and industry leaders. It's the kind of platform that is difficult to find anywhere else.

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AIBUILD's most significant milestone to date is Argyx, an AI-powered data intelligence and digital twin platform developed in collaboration with The University of Melbourne and Australian SMEs and backed by $2.33 million in federal CRC-P funding. "Argyx showed that AIBUILD could bring together university research, industry partners, government-backed innovation, and commercial execution into one ecosystem," said Yifei. Initially built for real-time retail and logistics intelligence, the platform has since expanded into infrastructure, energy, safety, and robotics.

Over the next five years, Yifei envisions AIBUILD becoming one of Australia's leading AI venture builders, creating and scaling research-backed AI companies across aged care, education, infrastructure, and beyond. 

"Melbourne Connect will remain our head office and our centre of gravity as we scale," he said. "It's where AIBUILD grew up, and where I believe the next generation of AI ventures we build should continue to start from."

 

AIBUILD is one of many innovative companies calling Melbourne Connect home. Interested in becoming part of our growing community?

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