With AI Projects, Taiwan Seeks to Boost its Economy by $510 Billion

Taiwan plans to launch its "Ten Major Al Infrastructure Projects” initiative, aiming to generate more than 15 trillion Taiwanese dollars ($510 billion) in economic value by 2040 as it strives to become a global leader in artificial intelligence.

- PT News

Premier Cho Jung-tai said in a Facebook post late on Tuesday that Taiwan aims to leverage its information and communications technology (ICT) sector and worldleading semiconductor manufacturing capabilities to become a global Al influencer and a "smart technology island." Under the initiative, Taiwan has identified three core technologies as strategic priorities: silicon photonics, quantum technology, and Al robotics. Silicon photonics is a technology that Taiwan's TSMC, the world's largest contract chipmaker, and many othe