Banks open up to AI startups as lock-in window closes


Australian AI startups will get an inside track on how some of Australia’s biggest banks procure and deploy the technology under a new accelerator program backed by the federal government.

Assistant technology minister Andrew Charlton launched the Buy Australian AI Partnership in Sydney on Thursday afternoon with a warning that Australia’s “short window” to avoid AI dependency was closing.

“These decisions about what type of AI, which vendors are …

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