Huang encourages both public and private interests. “The rest of it is really up to you to take initiative, activate your industry, build the infrastructure, as fast as you can,” he said.
The initiative aims to reduce reliance on foreign semiconductor manufacturers, notably Taiwanese giant TSMC.
The US has even implemented export bans on AI technology to nations deemed strategic competitors, such as China and Russia.
Restrictions on sharing AI expertise and licensing requirements for AI chip procurement underscore the nation’s commitment to safeguarding its technological supremacy.
EU has AI Action Plan
Concurrently, the European Union (EU) is ramping up investments in AI infrastructure and startups.
Member states are fostering domestic AI ecosystems through initiatives like Germany’s investment in chip manufacturing and France’s support for AI research and development.
Notable endeavors include Germany’s collaboration with American chipmaker Intel Corporation and France’s emergence as a hub for AI innovation, epitomized by ventures like Mistral AI and investments from billionaires like Xavier Niel.
