The iconic brand has secured a 30 percent interest in Blackbook.ai, a company which specialises in artificial intelligence (AI) and robotics services for businesses.
RACQ Chief Information Officer Greg Booker said the investment was part of RACQ’s long-standing strategy to support and advance Queensland innovation.
“Our organisation has been around for 112 years, and since its inception we’ve been seeking and implementing initiatives which improve the lives of Queenslanders through innovation,” Mr Booker said.
“Our partnership with Blackbook.ai is just one way we’re ensuring RACQ is at the forefront of the emerging artificial intelligence and robotics space.
“We’re excited and confident this collaboration will successfully add value to the Australian AI and robotics services market, and ultimately it’ll benefit our members, and all Queenslanders.”
Blackbook.ai Co-Founder Thuy Lam said his team looked forward to collaborating with Queensland’s largest club.
“We created a business with the purpose of allowing Australians, and specifically Queenslanders, the pathway to work in emerging technologies without having to go overseas,” Mr Lam said.
“It’s an exciting time for the AI and automation space and our partnership with RACQ reflects a shared vision of investing back into the local community to help establish technology as a growth driver in Australia’s economy.”