Foxconn and OpenAI Prepare for New Collaboration
Foxconn, the world's largest contract electronics manufacturer, has announced that it is working on a new collaboration with OpenAI. Company management has rejected claims of an AI bubble, maintaining its growth expectations.
Foxconn Chairman Young Liu announced at the Hon Hai Tech Day held in Taipei that they met with OpenAI CEO Sam Altman and have initiated a new collaboration process between the two companies.
Although the details of the collaboration have not yet been clarified, it is expected that the parties will expand their previous joint efforts on data center racks and AI hardware design. Young Liu stated that an official announcement will be made once the details are finalized.
Evaluating concerns regarding the AI market, Liu argued that there is no bubble in the sector and expressed that they anticipate double-digit growth for Foxconn next year. The cloud and networking segment, supported by AI servers, accounted for 51% of the company's second-quarter revenue.
As part of its technological investments, Foxconn has begun using humanoid robots at its facilities in Houston, Texas, and plans to expand this application.
Sources
- reuters.com · Link