Taiwan's National Development Fund Plans to Invest Billions to Build AI Ecosystem

Reported about 1 year ago

Taiwan's National Development Fund has agreed to allocate billions of dollars to the Ministry of Science and Technology to boost investment in AI startups as a silver bullet solution. The Ministry plans to create a virtual AI ecosystem park to construct an AI industry ecosystem, aiming to stimulate the formation of the ecosystem. With the government focusing on AI innovation and applications like smart transportation and healthcare, the goal is to position Taiwan as a global AI hub, emphasizing collaboration and investment in AI startups to enhance the industry ecosystem.

Source: YAHOO

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