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Artificial Intelligence: How BHP, Treasury Wine, and Suncorp Are Using AI

Australian Financial Review

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Details

Date Published
21 Mar 2024
Priority Score
2
Australian
Yes
Created
8 Mar 2025, 02:41 pm

Authors (1)

Description

From sensing the water needs of grapevines to avoiding iron ore spills in the Pilbara, artificial intelligence is helping Australia’s major companies become more efficient.

Summary

The article highlights how major Australian companies such as BHP, Treasury Wine Estates, and Suncorp are leveraging artificial intelligence to enhance their operational efficiency and productivity. The AI applications discussed include optimizing water use in vineyards, preventing iron ore spills, and improving insurance assessments. While these implementations contribute to economic efficiency and operational safety, the article does not delve deeply into existential or catastrophic AI risks. Nevertheless, it illustrates AI's role in a corporate context, focusing more on practical applications rather than safety governance or global AI policy considerations.

Body

Christopher NiescheMar 21, 2024 – 5.00amSaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginFrom the vineyards of the Barossa, to the iron ore trains of the Pilbara, to insurance assessments in the wake of Queensland storms – Australia’s largest companies are using artificial intelligence across their operations to improve efficiency, productivity and safety.Loading...SaveLog inorSubscribeto save articleShareCopy linkCopiedEmailLinkedInTwitterFacebookCopy linkCopiedShare via...Gift this articleSubscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber?LoginLicense articleFollow the topics, people and companies that matter to you.Find out moreRead MoreAIAFR ReportsBHP GroupTreasury Wine EstatesSuncorpRobotsDisruptionFetching latest articlesOlympic weightlifting is hard. This boss uses the 1pc rule to get it doneLucy DeanOut-of-control watch price rises give housing a run for its moneyKnow your craft: How the biggest airlines rate at the pointy end‘We’ll fight’: Alex Waislitz on family battles and bad betsPatrick DurkinJob appointments have never been purely merit-based: CEW chiefWhy this CEO saves creative work for after her periodNew Zealand pops its cork for one of the world’s great wine festivalsMax AllenWhy Hawaii’s data-driven wellness retreat is a haven for high-flyersA last-chance tote bag and a groovy case for trumpetersVictor Smorgon’s star fundie eyes 50pc returns for new fundAlex GluyasForrest family powerbroker had alleged role in big Fortescue decisionsEllison-run garnet mine faces punishment over unsanctioned development