Taiwan's $3 Billion Bet on AI Sovereignty

Taiwan commits to investing $3 billion to secure AI sovereignty. Announced by its Science and Technology Minister, the plan includes an annual budget of 30 billion New Taiwan dollars, or about $1 billion, over the next few years.

Taiwan is planning a substantial financial commitment to assert its autonomy in the realm of artificial intelligence, with a $3 billion investment strategy.

The announcement was made by Taiwan's Science and Technology Minister, who disclosed that the country intends to allocate approximately $1 billion each year for the coming years.

The move underscores Taiwan's proactive stance in the global tech arena, aiming to secure its position and capabilities in AI development and research.

(With inputs from agencies.)