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Formosa Plastic's investment in the Taiwan AI Academy

tschuetz

The first section of the presentation focuses on the use of artificial intelligence to improve manufacturing and reduce carbon emissions (see 2019 report). Formosa's efforts go back to 2017, when the company was one of five business that each invested NT$30million in the creation of Taiwan’s first AI Academy, initiated by scholars at Academia Sinica (see also Lin 2018). According to the Ministry of Foreign Affairs “[t]he academy has drawn faculty from scholarly institutions ranging from Taiwan’s major universities to foreign research institutes, Academia Sinica and the Industrial Technology Research Institute, as well as from the corporate sphere, with AI managers and entrepreneurs coming in to share their real-world AI experience.” Further, they state that by 2020, FPG had trained over 100 workers through courses offered by the academy.