The ASX companies spruiking their AI chops to excite investors
Artificial intelligence is booming, and Australia's biggest companies want you to know they're in on it.
Artificial intelligence is going to touch every industry, from aviation to telecommunications to lotteries. At least, that's what many of the ASX's heavyweights are telling us.
AI is among the hottest topics in financial markets at the moment, propelling companies like Nvidia and Microsoft to all-time-high valuations.
Suncorp
"We're well advanced in exploring the significant opportunities that AI will provide to reshape the insurance value chain… as in insurance, we'll continue to leverage digital, automation and AI to support customers and to reduce costs."
- Suncorp Group CEO Steven Johnston, August 9.
AGL Energy
"We continue to invest in our customer base, our operations and our decarbonisation objectives to build a future ready business. Decentralised assets' under orchestration is 47% higher, and the power of technology in automation is being harnessed with over 5 million transactions managed by artificial intelligence."