( October 21, 2026, 13:06 GMT | Official Statement) -- MLex Summary: Australian small and medium-sized businesses could generate up to A$93 billion ($65.2 billion) in additional annual economic value through wider use of artificial intelligence, a report found. In a statement on Thursday, peak industry body the Tech Council of Australia said its latest research found that an average SME moving from no AI use to broad adoption across its operations could achieve annual productivity gains worth A$136,000. The report also said that around one in four SMEs use AI, but just 5 percent have adopted it broadly across their organization. The report recommended wider access to affordable, hands-on training and specialist guidance, supported by sector-specific examples of effective and responsible AI use.Statement follows....
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