Australia Urged to Boost AI Infrastructure Investment

Australia has a limited opportunity to establish itself as a leading regional hub for artificial intelligence infrastructure. Bloomberg posted on X, highlighting a report by Deloitte Access Economics that warns the country may lag behind unless there is a significant increase in investment and policy initiatives. The report emphasizes the need for swift action to capitalize on the growing AI sector, which is crucial for maintaining competitive advantage in the region. Without accelerated efforts, Australia risks missing out on the economic benefits associated with AI advancements.