emirates7 - Taiwan is set to roll out its “Ten Major AI Infrastructure Projects” initiative, with the goal of generating over T$15 trillion (approximately $510 billion) in economic output by 2040, as part of its ambition to position itself as a global leader in artificial intelligence.

In a Facebook post on Tuesday evening, Premier Cho Jung-tai stated that Taiwan plans to capitalize on its strengths in information and communications technology (ICT) and its globally recognized semiconductor industry to become a prominent player in AI and transform into a "smart technology island."

The initiative highlights three key technologies as strategic focal points: silicon photonics, quantum technology, and AI-driven robotics.

It also aims to 500,000 new jobs and establish three internationally recognized research laboratories.