Tim Ayres (NSW, Australian Labor Party, Minister for Industry and Innovation) Share this | Hansard source

Indeed, there's a series of memorandums of understanding with Anthropic and Microsoft that go to the issues that I referred to in my first answer, which is making sure that, in energy terms, in terms of water security, operationalised through the states, through their development approval processes, we are delivering an approach where, yes, we secure much of the technology stack here in Australia to make sure that Australia has agency and capacity here, that we have sovereign artificial intelligence capacity and that we are not just customers at the end of other people's supply chains. That is the objective, and the counterfactual is that the government doesn't engage and that investment happens somewhere else and that Australia goes backwards in technological terms. (Time expired)