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New Zealand govt commits NZ$70 million to AI research funding

( September 18, 2025, 02:51 GMT | Official Statement) -- MLex Summary: The government of New Zealand has announced the funding of artificial-intelligence research designed to help the country build its AI capability, fast-track its commercialization and drive economic growth, the country’s science minister has announced. In a statement on Thursday, Science, Innovation and Technology Minister Shane Reti said his government would contribute NZ$70 million ($41.5 million) over seven years through the New Zealand Institute for Advanced Technology to support innovative AI research and applications and develop “world-class expertise.” The announcement coincides with the expansion of New Zealand’s AI research, which is targeting areas including precision health and agriculture.The statement from New Zealand Science, Innovation and Technology Minister Shane Reti follow: ...

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