Funding Allocated to Set up an AI Safety Institute

Fed Gov't launches AI safety institute

Image: sdecoret / stock.adobe.comThe Australian Government has established a national AI Safety Institute to monitor emerging AI capabilities, assess risks and support regulatory responses as artificial intelligence becomes increasingly embedded in daily life, the economy and public services. Announced during National AI Week, the new institute will work across government to provide technical assessments, advise on regulatory updates and coordin…

Funding allocated to set up an AI Safety Institute

Industry, Innovation and Science Minister Tim Ayres says the upcoming MYEFO will fund a new AI Safety Institute. Photo: Facebook. The Federal Government will establish an AI Safety Institute, to be up and running early in the new year, evaluating the new technology’s challenges and opportunities. The operation will be fully funded in December’s Mid-Year Economic and Fiscal Outlook (MYEFO), but the costs will not be revealed until then. It will s…

Funding allocated to set up an AI Safety Institute

Industry, Innovation and Science Minister Tim Ayres says the upcoming MYEFO will fund a new AI Safety Institute. Photo: Facebook. The Federal Government will establish an AI Safety Institute, to be up and running early in the new year, evaluating the new technology’s challenges and opportunities. The operation will be fully funded in December’s Mid-Year Economic and Fiscal Outlook (MYEFO), but the costs will not be revealed until then. It will s…

Australia launches new AI Safety Institute to protect the nation

Australia launches the AISI to ensure responsible AI, enhance safety, and lead globally in ethical AI development.