Wednesday, 14 October, 2026
Don’t Rent Intelligence Offshore: CBA Chief Urges Australia to Own the AI Economy
By TechShots Studio
Commonwealth Bank CEO Matt Comyn warned that Australia must actively build domestic AI capabilities using local resources, data, and talent rather than becoming a "permanent renter of intelligence from offshore." He emphasized that AI must drive national prosperity, improve living standards, and protect citizens—not merely serve as a corporate cost-cutting tool or benefit overseas tech giants.
Read full story at LIVEMINT