Australia AI Boom May Revive Productivity, CBA Says, Shares Gain
Australia has become the world’s third-largest AI investment destination behind the US and China, a result that’s set to spur productivity in an economy currently struggling with a low potential growth rate and high inflation, Commonwealth Bank of Australia says.
Australia has become the world’s third-largest AI investment destination behind the US and China, a result that’s set to spur productivity in an economy currently struggling with a low potential growth rate and high inflation, Commonwealth Bank of Australia says.
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