TECH - Forget Gigafactories: Nvidia Teams Up With Big Apple Supplier To Build 'AI Factories' — Should Tesla Be Worried? | Benzinga
Nvidia Corp. (NASDAQ:NVDA) is at the forefront of the artificial intelligence revolution. CEO Jensen Huang‘s recent visit to Taiwan hinted at yet another ambitious move in this sector.
What Happened: Nvidia has partnered with Foxconn, the assembler of Apple‘s iPhone, to accelerate what it calls the “AI industrial revolution.” Foxconn, formally called Hon Hai Precision Manufacturing Company Ltd (OTC:HNHPF), will incorporate Nvidia technology into developing cutting-edge data centers.
These data centers will power various applications, including the digitalization of manufacturing and inspection workflows, AI-driven electric vehicle and robotics platforms, and an expanding array of language-based generative AI services.
Foxconn has significant electric vehicle ambitions, recently acquiring Lordstown Motor‘s Ohio factory and embarking on EV manufacturing.
In this venture, the Nvidia partnership represents a significant leap for Foxconn as it builds specialized supply chains, including those for chips and batteries, to facilitate its EV production.
Huang and Foxconn CEO Young ...