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Industry Minister Ed Husic is focused on enhancing Australia's competitive advantages in artificial intelligence. There are growing concerns that Australia may lag in the rapidly evolving AI sector, which is seen as lucrative. Husic plans to announce a National AI Capability Plan in Singapore, emphasizing the need for supportive policies.
The memorandum of understanding on AI cooperation aims to strengthen international partnerships. This initiative reflects a proactive approach to ensure Australia remains relevant in the global AI landscape. The urgency for faster progress in AI development is echoed by industry leaders who fear missing out on significant opportunities.
• Australia's AI sector needs supportive policies to remain competitive.
• Husic's National AI Capability Plan aims to enhance international cooperation.
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