AI

Taiwan plans AI projects to boost economy by $510 billion

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Taiwan plans to launch its “Ten Major AI Infrastructure Projects” initiative, aimed at generating more than T$15 trillion ($510 billion) in economic value by 2040 as it strives to become a global leader in artificial intelligence.

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 world-leading semiconductor manufacturing capabilities to become a global AI influencer and a “smart technology island.”

Under the initiative, Taiwan has identified three…

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