Federal funding for artificial intelligence was reshaped in the Albanese government’s third Budget with an additional $40 million, but there is little direct industry investment as quantum and clean energy technologies were put at the heart of Future Made in Australia.
A new $40 million Ai package revealed Tuesday includes measures that will move the National AI Centre from the CSIRO and into the Industry department with $21.6 million over four years.
Another $15.7 million has been allocated over two years to coordinate AI policy development, regulation and engagement activities as the Albanese government finalises Australia’s first ever dedicated AI regulation.
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