NT$100 million pledged to promote AI in Taiwan

Government recognizes importance of being competitive, intends to seize business opportunities

The Taiwan National Science and Technology Council (NSTC) announced on Thursday (Jan. 11) a NT$100 million (US$3.25 million) plan to introduce generative AI in the economy.

At a launch meeting on Tuesday (Jan.,9) the NSTC outlined industry-specific generative AI needs and the establishment of demonstration cases, per CNA. The plan has received over NT$100 million in funding.

NSTC Minister Wu Tsung-tsong (吳政忠) said the recently launched “Taiwan Chip-Based Industrial Innovation Program” would also benefit chip-related industries. He added the program includes generative AI training courses.

Date: 2024-1-12
Source: Taiwan News