The artificial intelligence revolution couldn’t have come at a better time for Jim Chalmers whose stewardship of the Australian economy is mired by stagnant productivity and inflation that jumped a higher-than-expected 3.8 per cent for October.
Among the many AI elixirs touted to cure our economic malaise, data centres have emerged as a star candidate. Dubbed the ‘factory floor’ of the digital economy, these sprawling facilities possess immense computational power, storage and the specialised infrastructure needed to train and run AI.
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