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COMPANY NEWS: Artificial Intelligence scale up program, Boab AI, has announced the launch of its first cohort of companies and the commencement of its $100m Boab Global AI Fund.
Victoria’s startup sector has the foundations to support high-value jobs growth in the thousands every year, according to the annual Victorian Startup Ecosystem Mapping report which identifies a growing network of almost 1,900 local startups in the State employing almost 37,000 people in early 2020.
The Australian Information Industry Association says there is no clear roadmap and engagement and exit strategy for technology businesses in Victoria.
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