The Urban Developer
AdvertiseEventsWebinarsUrbanity
Industry Excellence
Urban Leader
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
UPCOMING EVENT - INDUSTRIAL AND LOGISTICS SUMMIT 16 OCTOBER, SYDNEY
INDUSTRIAL AND LOGISTICS SUMMIT - TICKETS NOW ON SALE
LEARN MOREDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
35
print
Print
TechnologyTed TabetMon 29 Oct 18

Queensland Set to Welcome Artificial Intelligence Hub

507f41fa-d7d9-435f-b550-7bd9afc4acad

The Queensland government has unveiled plans to build an artificial intelligence hub in Brisbane's Fortitude Valley.

The new training hub, dubbed The Precinct, will aim to help fill the skills gap created by the surging artificial intelligence sector.

The government will provide seed funding out of its $650 million Advance Queensland initiative to fund the hub, but is relying on investment from the private sector.

Advance Queensland is a whole-of-government program fostering innovation and building a more diversified Queensland economy, with the target of creating jobs now and for the future.

“Queensland has a shortage of talent in the artificial intelligence space,” Queensland premier Annastacia Palaszczuk said.

“Currently we have up to eight times more AI jobs on offer in the state than people with the right skills available to fill them.”

The AI Hub will provide a co-working space for startups undertaking advanced robotics, machine learning and speech recognition along with mentoring and international networking opportunities.

Specialised training courses will also be offered out of the AI Hub for Queensland industry and public sector organisation.

Innovation Minister Kate Jones said the new AI Hub would serve as a training centre and a place for businesses to network.

“It will also help to attract investment into Queensland startups and innovative local companies with AI-based solutions for global markets,” Jones said.

“The seed funding provided by the government will act as a catalyst for co-investment by the private sector.”

The new initiative has already received interest from a number of international corporates, as well as Australian companies and universities.

“Over coming decades we will see an explosion of AI and machine learning technologies changing the way we work, which will lead to incredible economic and community benefits,” Griffith University professor Dr Kelvin Ross said.

“As a researcher, investor and employer I am excited about the global opportunities available in pursuing AI innovation in Queensland given our local capabilities for talent, technology and entrepreneurship.”

While the government has allocated seed funding and floor space for the hub, it is now calling for co-investment from the private sector.

OtherBrisbaneAustraliaTechnologySector
AUTHOR
Ted Tabet
The Urban Developer - Journalist
More articles by this author
website iconlinkedin icon
ADVERTISEMENT
TOP STORIES
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Korean coliving hero
Exclusive

Disconnection by Design: Why ‘Untech’ is the Next Big Amenity

Clare Burnett
5 Min
Global Shifts Redraw the Map for Australia’s Office Market
Exclusive

Office Eyes Slowdown as New Stock Supply Becomes a Trickle

Vanessa Croll
7 Min
Salta MD Sam Tarascio
Exclusive

Why Salta Won’t Break Ground on $400m Pipeline

Leon Della Bosca
7 Min
Exclusive

Precinct Proposals Bloom as Brisbane Middle-Ring Sheds its Past

Phil Bartsch
8 Min
View All >
Planning

Bipartisan NSW Planning Reform a Welcome Surprise

Patrick Lau
Legal

Court Freezes Assets as $160m Property Scheme Unravels

Vanessa Croll
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
Policy framework is in place, land is available, but there’s one hurdle to clear before the sector can works its magic..…
LATEST
Planning

Bipartisan NSW Planning Reform a Welcome Surprise

Patrick Lau
5 Min
Legal

Court Freezes Assets as $160m Property Scheme Unravels

Vanessa Croll
2 Min
a land lease community home in white at a gemlife development, a type of home which could be the answer to the housing crisis
Residential

‘We are the Solution’: Land Lease Shake-Up Stirs into Life

Renee McKeown
5 Min
Industrial

Centennial’s Paul Ford: From Vision to Industrial Vanguard

David Di Marco
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://www.theurbandeveloper.com/articles/fortitude-valley-to-welcome-state-of-the-art-ai-hub