Australia's VC leaders believe the country has hidden advantages in the global AI race, but warn coordination failures could squander the opportunity to build billion-dollar companies.
Artificial intelligence
The new firm will advise media and tech companies on AI, sports rights and product growth.
Australia’s AI skills shortage is real. But with the right investment, talent strategy and research-industry alignment, it can become our competitive edge.
The big banks have moved rapidly to use AI assistants but they will need the best talent and governance structures to take things to the next level, according to a top consultant.
Fears are growing that artificial intelligence will have a devastating impact on Australia's jobs market, but failing to take advantage of AI's productivity benefits would be a worse outcome.
We have the talent, research and stability to be an AI leader. To win, we need to ensure our policy settings are genuinely focused on opportunity, not fear.
The latest executive raid in Australian banking is part of an intensifying global battle to attract the best AI talent.
OpenAI likely needs more than software to survive. The deal with the former Apple design kingpin is a high-stakes gamble on hardware and long-term relevance.
Australia could take a share of the global AI economy, argues ex-OpenAI board member Helen Toner, but it will take significant political will and public investment.
AI could help cure diseases and tackle climate change. Researcher Helen Toner says Australian public investment can have a key role to play.
Many observers said OpenAI was backtracking when it decided to remain governed by a nonprofit. The Australian AI researcher who sat on its board isn't so sure.
Telstra is ending its T25 strategy and turning to artificial intelligence, opening a Silicon Valley hub and hiring key talent to accelerate its next phase.
Despite growing interest in autonomous AI, most banks lack the systems, governance and alignment needed to turn promise into practical progress.
Australia’s leaders lack a coherent approach to AI, a risky move that could leave the nation’s economy, startups and workforce unprepared for a changed future.
Leadership at the national broadcaster is preparing to announce the next phase of its artificial intelligence strategy, which has so far included work on a custom AI tool.
Samantha Lawson says strict rules risk stifling innovation as Australia lags in the booming global AI market and sovereign tech capability.
If a quant manager can't explain why a stock is in a portfolio, they're not using AI properly, according to an executive from the world's largest asset manager.
The design giant on Thursday launched Adobe Content Authenticity — an initiative that provides a “nutritional label” for images, showing who created them and where they came from.
The telco says AI tools developed under its new strategy are lifting productivity and sales as it works to rebuild trust after a string of reputational hits.
The massive wave of post-Hayne remediation may be complete, but banks continue to grapple with new issues — costing valuable time and hundreds of millions of dollars.
