Budget 2018: Tech and science gets AU$2.4 billion ZDNet

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The Australian government's 2018-19 Budget has earmarked a massive AU$2.4 billion for technology and science over the next 12 years in a bid to support "a stronger and smarter economy". "The government will invest more than AU$2.4 billion in Australia's public technology infrastructure," Treasurer Scott Morrison said in his Budget speech on Tuesday night. "This includes supercomputers, world-class satellite imagery, more accurate GPS across Australia, upgrading the Bureau of Meteorology's technology platform, a national space agency, and leading research in artificial intelligence." The government will invest AU$29.9 million over four years in AI and machine learning, which it said would support business innovation across digital health, digital agriculture, cybersecurity, energy, and mining. "This measure will also support Cooperative Research Centre projects, PhD scholarships, and school-related learning to increase knowledge and develop the skills needed for AI and machine learning."

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