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Taiwan Cabinet to Develop the Nation’s AI Industry

Under the 'Taiwan AI Action Plan' the Taiwanese cabinet plans to allocate an annual budget of between NT$9 billion and NT$10 billion (US$304.4 million and US$338.3 million) to develop the nation’s artificial intelligence (AI) industry.

The plan encompasses five initiatives: Cultivating talent, developing Taiwan’s niche AI, incubating local AI start-ups, reconciling laws for AI development and introducing AI technologies to industries. In addition, the office plans to train 1000 advanced research and development personnel and 5000 AI professionals by 2021.

More than 100 AI technology solutions will most likely be created that will facilitate development for example for the ‘Asian Silicon Valley’, smart machinery or green energy technologies.

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