Data Science Group to set up AI Centre of Excellence in Melbourne

Data Science Group

Israeli tech firm, Data Science Group, has partnered with the Victorian state government to establish an Australian AI Centre of Excellence (CoE) in Melbourne, which will create up to 36 new jobs in the AI field. 

The CoE will invest $16.4 million over five years to support the rapid development of Australian businesses’ advanced AI solutions and models, and monitor and govern AI systems to meet new data regulations. 

“We are excited to partner with the Victorian government, offering our expertise together with our AI enterprise solutions to Australian business to build AI and machine learning capabilities in diverse domains and use-cases,” Data Science Group CEO and co-founder Dr Elan Sasson said. 

It will bring together academic and industry partners to deliver R&D along with commercial and educational projects. 

“We invite Australian businesses and members of the growing innovation ecosystem to reach out, to explore collaboration opportunities that will help drive economic growth and sustainable business impact,” Data Science Group director of Strategic Partnerships Daniel Fidler said. 

The Victorian government is attracting global companies from growth industries to support economic recovery and growth, in line with the state’s International Investment Strategy and Innovation Statement – keeping Victoria at the forefront of innovation. 

The ambitious plan will keep the state at the cutting edge and turbocharge Victoria’s start-up ecosystem, growing business and innovation precincts, developing homegrown talent and commercialising world-leading research. 

“To supercharge our economic growth and create new jobs, we’re supporting experts from across academia and emerging sectors, and empowering our innovators to scale up and create new opportunities through AI,” minister for Economic Development Tim Pallas said. 

“The arrival of DSG in Melbourne further establishes our position as an innovation powerhouse – responsive, inclusive and backing future opportunities like AI.” 

Victoria’s tech sector contributes more than $38 billion to the economy annually and supports almost 140,000 workers across 20,000 businesses. 

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