The government yesterday announced a collaboration with Nvidia Corp to accelerate the development of artificial intelligence (AI) and deep-learning technologies over the next decade.
Forging ties with global leaders, such as Nvidia, is essential in securing Taiwan’s place in the AI industry and its supply chain, Minister of Science and Technology Chen Liang-gee (陳良基) said.
Chen said Nvidia’s invention of the graphics processing unit (GPU) in 1999 has led to immense leaps in computing power demanded by AI applications.
Nvidia and government agencies are to jointly build the nation’s supercomputing infrastructure with the company’s HGX-2, which fuses AI and high-performance computing in a single platform.
Nvidia would also expand its computer science and deep-learning research institutes to train Taiwanese developers on the latest AI capabilities.
In addition, the company and government agencies would work together to help local AI start-ups through the Nvidia Inception accelerator program.
Nvidia said that it is seeking joint investment opportunities for key vertical markets in Taiwan, such as manufacturing, healthcare, safe cities and transportation.
In related news, Nvidia chief executive officer Jensen Huang (黃仁勳) unveiled a new platform to power the next generation of AI-enhanced robotics and autonomous machines.
Dubbed the Nvidia Isaac, the platform consists of the Jetson Xavier chip, which packs the computing power of a US$10,000 workstation into an energy-efficient and palm-sized unit.
The chip would serve as the “brain” of autonomous machines, and enable algorithms to be processed concurrently and in real time. It has a price tag of US$1,299 is to be available for early access in August.
The platform also has a collection of development tools, a library of robotics algorithm software and a simulation environment for developers to conduct tests and train autonomous machines using the Jetson Xavier.
STEPPING UP: The firm has also asked employees to work in split shifts from this week and to halt all but essential overseas business travel from next month Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has implemented a remote work policy for employees not on production lines in an attempt to curb the spread of COVID-19, the world’s largest contract chipmaker said yesterday. This is the first time in the Hsinchu-based company’s history that it has launched a large-scale remote work policy, joining global technology companies, such as Apple Inc and Google, that encourage employees to work from home. The chipmaker has also asked employees to work in split shifts from this week, it said. As the number of virus infections continues to climb worldwide, TSMC has urged employees to halt unnecessary
A two-hour drive south of Amsterdam in Veldhoven, workers decked out head-to-toe in protective gear toil in vast assembly halls. Before entering the inner sanctuary of the facilities, they meticulously layer on masks, gloves and special socks. A single speck of dust or a hair can have devastating effects on production. The result of all this painstaking process is an environment that is 10,000 times more purified than outside. As COVID-19 grips the world, it might just be the safest place to work right now. The teams belong to ASML Holding NV, which holds a de facto monopoly on the industry of
DBS Bank Ltd yesterday hacked its GDP growth forecast for Taiwan this year to 0.9 percent, down from its estimate of 2.3 percent two months earlier, in light of the COVID-19 pandemic and increasing financial market volatility. The bank’s latest forecast was even lower than London-based IHS Markit Ltd’s estimate of 1 percent, while other research institutes’ projections range from 1.6 percent to 2.6 percent. Taiwan’s economic momentum is being negatively affected by the pandemic, DBS said. The rapid spread of the disease from Asia to Europe and the US has dampened the bank’s previous expectation of a “V-shaped” global rebound in the
DOWNSIDE RISKS: Firms have a ‘very low’ chance of boosting investment returns in the next two years, making it hard for them to improve their capitalization, an analyst said Taiwanese life insurers wanting to improve their capital structure face strong headwinds this year, given prolonged low interest rates and economic impacts derived from trade protectionism and the COVID-19 pandemic, Taiwan Ratings Corp (中華信評) said on Friday. The local life insurance sector also still has high asset risks and such risks are susceptible to market volatility, the local arm of Standard & Poor’s Global Ratings said. Since last year, major financial holding companies — including CTBC Financial Holding Co (中信金控), Cathay Financial Holding Co (國泰金控) and Shin Kong Financial Holding Co (新光金控) — have announced plans to raise fresh capital to