** UBS analysts noted vagueness in exactly how and when Australian companies would be using artificial intelligence linked technologies to lift their bottom line
** Brokerage says they overwhelmingly hear from Australian companies that their uses of AI are being directed towards improving customer service
** Australia's second largest energy company, Santos STO.AX, in its earnings said: "through AI and advanced technologies, we are optimising field surveillance and production, supporting remote operations, targeting step-change efficiencies"
** Oil and gas retailer Origin Energy ORG.AX said: "We also now have an AI voice agent that we're trialing and we'll continue to develop that"
** UBS, however, notes the enthusiasm shown by companies towards new technology certainly remains
(Reporting by Rishav Chatterjee in Bengaluru)
((Rishav.Chatterjee@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.