By news.com.au
Publication Date:
Australia has announced a new strict five-step framework for tech giants wanting to build data centers and use artificial intelligence in the country.
Under the Albanian government’s new framework, these companies must help finance renewable energy infrastructure and grid expansion to ensure costs are not passed on to households and businesses.
These tech companies also need to use water responsibly and make their computing power available to local businesses.
The top five expectations include prioritizing national interests, supporting the transition to clean energy, sustainable water use, investing in local jobs and strengthening Australian innovation.
Projects that do not meet these standards are placed at the back of the queue for approval.
Federal Industry Minister Tim Ayres says the framework sets clear expectations for investment in data centers and AI in Australia.
“Australia is open for business – but the kind of business that Australian nationals…
