Taiwan – Global AI Hub

Artificial intelligence, long hailed as a world-changing and digitally disruptive force, is gaining rapid traction. Valued at US$87.04 billion in 2021, the global AI market is projected to surpass US$1.597 trillion by 2030.

 

When it comes to chip manufacturing, Taiwan is an undisputed world leader with a robust ecosystem powered by capable engineering talent.

 

Taiwan’s strategy in the near term is one that marries the island’s hardware heritage with its nascent AI know-how, to produce everyday application solutions that are tested domestically before they are rolled out worldwide.

 

Taiwan’s commitment to AI development is clear. And it starts at the top, with enormous resources poured into government initiatives designed to nurture a robust environment for growth.

 

Taiwan’s foray into AI, backed by its competitive edge and distinct advantages, make it a haven for partnerships with overseas companies and foreign investment.

 

Already, its potential is recognized by many of the world’s foremost companies: Microsoft, Amazon and Google have all set up research and development centers there, and the island is poised to work with more partners beyond its shores.

 

https://www.reuters.com/plus/taiwan-global-ai-hub