Melbourne-based NextGen Funds Management has launched the country’s first Artificial Intelligence (AI) Fund. The fund, for sophisticated investors, will invest in a mixture of debt and equity in ventures ranging from startup to pre-IPO. NextGen Funds Management Head of Distribution Samuel Mullavey said the fund will take a sector-neutral approach in areas are where AI… Read more »
Australia is joining a new global organisation setting a framework on the use of artificial intelligence alongside 13 other nations and the European Union. In a statement announcing the Global Partnership on Artificial Intelligence (GPAI, pronounced Gee-Pay) on Monday, the founding member nations said they “will support the responsible and human-centric development and use of… Read more »
Queensland is building an artificial intelligence (AI) hub in Brisbane and one of its first tasks will be looking at how AI can help tackle coronavirus. The AI Hub is based at Queensland government’s innovation and investment hub, The Precinct in Fortitude Valley, as part of a multi-million dollar expansion of the site in the TC Beirne… Read more »
Flamingo founder Catriona Wallace’s latest venture is looking into the ethics of artificial intelligence
Entrepreneur and futurist Dr Catriona Wallace has launched a new venture helping companies investigate the ethics of artificial intelligence (AI) as it plays an increasingly important role in company automation. Wallace is CEO of consulting firm Ethical AI Advisory, which she says will support private and public companies as they grapple with how to design… Read more »
Why artificial artiticial intelligence needs to be regulated with the same care and safety as the airline industry
You’d thinking flying in a plane would be more dangerous than driving a car. In reality it’s much safer, partly because the aviation industry is heavily regulated. Airlines must stick to strict standards for safety, testing, training, policies and procedures, auditing and oversight. And when things do go wrong, we investigate and attempt to rectify… Read more »
Research into Artificial Intelligence (AI) as a growth driver for Australian businesses reveals that just over half of Australian organisations (54%) have started to adopt Artificial Intelligence (AI) as part of their business strategy, despite 80% of Australian business leaders believing AI is important to remain competitive.
Brisbane’s Maxwell Plus is using artificial intelligence to help clinicians diagnose and flag risk of disease
Maxwell Plus uses AI to analyse medical data, from medical imaging to blood data and genomic data, to help clinical teams better understand that data as it pertains to a patient.
Sydney artificial intelligence startup Curious Thing has raised $1.5 million in seed funding from Reinventure Group and Qualgro.
For nib, the development of the AI solution was done hand in hand with the frontline staff whose jobs one might assume it could put in jeopardy.
Data61 has partnered with IAG and the University of Sydney to launch the Gradient Institute, which has been tasked with researching the ethics of AI.
Douugh has landed a partnership with Mastercard that will allow it to roll out a ‘smart’ bank account linked to a Mastercard debit card in the US.
ACS, the professional association for Australia’s ICT sector has launched Artificial Intelligence: A Starter Guide to the Future of Business, encouraging all Aussie businesses to embrace the use of artificial intelligence (AI).
PredictiveHire finds out what makes top employees tick then screens for those factors in job applicants
PredictiveHire works to find out what powers a company’s highest performing employees, and then look for those traits in new job applicants.
Intelligent merchandising platform Insite AI has raised $1.8 million (NZ$2 million) in a funding round led by New Zealand firm Goat Ventures and landed a pilot with Chemist Warehouse.