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Message from US is Clear: Australia Risks Missing Boat on AI

The Australian

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Description

Global investors see Australia as ideal for AI infrastructure – but fears over regulation and tax uncertainty are putting capital at risk.

Summary

This article examines the warning from US investors that Australia could lose out on critical AI infrastructure investment due to regulatory hurdles and tax uncertainty. It highlights the tension between fostering rapid innovation and the implementation of governance frameworks that might stifle the development of frontier AI capabilities. While primarily focused on economic competitiveness, the piece suggests that Australia's approach to regulation will determine its role in the global AI landscape and its ability to participate in international safety and governance standards.

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Message from US is clear: Australia risks missing boat on AIGlobal investors see Australia as ideal for AI infrastructure – but fears over regulation and tax uncertainty are putting capital at risk. All your news for a great price Unlock this story and more with your subscription Digital Access What’s included Unlimited access on app & web A digital version of Today’s Paper Daily puzzles & Mind Games Complimentary access to The Wall Street Journal Subscriber-exclusive newsletters & early access to tomorrow’s front pages Pay As You Go No lock-in contract $4 for 1 monthThen $48 charged monthly.* *Read the fine print The Australian Digital subscription costs $4 charged for a duration of 1 month, after which it automatically renews to $48 charged monthly. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details. 12 Month Plan Lock in & save $30 a month for the first 12 months($360 min. cost). Then $30 charged monthly.* *Read the fine print The Australian Digital 12 Month Plan costs $360 (min. cost) for the first 12 months, charged as $30 monthly. This automatically renews after the first 12 months to be charged as $30 (min. cost) monthly unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. Seewww.theaustralian.com.au/subscriptionterms for full details. Benefits of Full Digital Access Unlimited access Expert news and commentary, accessible anytime on web & app. Today’s paper Swipe through the digital newspaper, liftouts, and archive. Newsletters Be in the know with subscriber-exclusive news emails. The Wall Street Journal Enjoy complimentary access to The Wall Street Journal. Mind Games Play daily crosswords, sudoku and more with Mind Games. Unlimited access Expert news and commentary, accessible anytime on web & app. Today’s paper Swipe through the digital newspaper, liftouts, and archive. Newsletters Be in the know with subscriber-exclusive news emails. The Wall Street Journal Enjoy complimentary access to The Wall Street Journal. Mind Games Play daily crosswords, sudoku and more with Mind Games. Subscribe Other subscription options Print + Digital Subscriptions Corporate Subscriptions Culture Travel + Luxury True Crime Podcasts Wealth Health Commentary Your Selection: $0 Your Selection – Change selection Today’s Total $0 Read the fine print Terms and Conditions Sorry, we are unable to process your request at this time. Please try again later.