Call for sovereign AI fund to attract investment


Australia is being urged to follow Canada’s lead and create a sovereign fund to stimulate private investment in domestic AI capabilities, with one of the world’s largest consulting firms launching the push.

Accenture proposed the Sovereign AI Accelerator Fund in a recent submission to a parliamentary inquiry, arguing the need for government to take a front-foot approach to a technology that will fundamentally reshape the workforce.

“Australia must take the …

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