Taiwan is all set to launch 'Ten Major AI Infrastructure Projects' initiative as it aims to become a global leader in artificial intelligence. This initiative is aimed at generating more than T$15 trillion ($510 billion) in economic value by 2040.

Premier Cho Jung-tai, in a Facebook post, said that Taiwan aims to leverage its information and communications technology (ICT) sector and world-leading semiconductor manufacturing capabilities to become a global AI influencer and a "smart technology island."

The initiative has identified three core technologies as strategic priorities -- silicon photonics, quantum technology, and AI robotics. These areas are seen as pivotal for Taiwan's future AI development. 

Silicon photonics is one of the key technologies under development by Taiwan Semiconductor Manufacturing Company (TSMC) and other industry players. The Taiwan government aims to position Taiwan as a global leader in this field.

In addition, the country plans to become a key hub for AI robotics by leveraging its hardware and ICT supply chains. Industry groups, including one led by Foxconn Chairman Young Liu, have formed the Taiwan AI Robotics Industry Grand Alliance to support these efforts. 

The initiative also includes plans to establish a quantum technology industry chain. 

To support these ambitious goals, the government calls for expanding investment in AI innovation. More than T$100 billion ($3.08 billion) in venture capital funding is targeted to make Taiwan a global hub for AI talent and investment.

Creation of 500,000 jobs and the establishment of three international-level research laboratories are part of the plan.