Foxconn to use Nvidia chips and software in its AI factory
By MYBRANDBOOK
iPhone maker Foxconn has collaborated with chip maker Nvidia to build artificial intelligence data factories. Foxconn will use Nvidia chips and software in products including self-driving cars. Sharing a stage at Foxconn's annual Tech Day in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang said their companies were building AI factories together.
Huang displayed a sketch of what the two companies are building, which he called an "AI factory". "This is a factory that takes data input and produces intelligence as an output," he said. "In the future, every company, every industry, will have AI factories." He added that both the companies are building an end-to-end AI system for autonomous electric vehicles, with the AI factory developing the car's software.
"This car would of course go through life experience and collect more data. The data would go to the AI factory, the AI factory would improve the software and update the entire AI fleet," he said. "This entire end-to-end system, on the one hand AI factory, on the other end EV fleet, is what Nvidia and Foxconn are building."
In 2023, the shares of Nvidia have tripled pushing the company’s market value to over $1 trillion, driven by excitement over the central role of the company's chips in AI applications. Foxconn, the main supplier for Apple's iPhones, wants to replicate its level of success in assembling personal computers and smartphones as it expands into building EVs and other applications. Liu, standing next to Huang, said Foxconn is "trying to convert itself from a manufacturing service company to a platform solution company," pointing to smart cities and smart manufacturing among the other applications for which it will use AI factories.
“Now I know what can power and what can make these smart platforms happen," Liu said.
Nazara and ONDC set to transform in-game monetization with ‘
Nazara Technologies has teamed up with the Open Network for Digital Comme...
Jio Platforms and NICSI to offer cloud services to government
In a collaborative initiative, the National Informatics Centre Services In...
BSNL awards ₹5,000 Cr Project to RVNL-Led Consortium
A syndicate led by Rail Vikas Nigam Limited (abbreviated as RVNL), along wi...
Pinterest tracks users without consent, alleges complaint
A recent complaint alleges that Pinterest, the popular image-sharing platf...
FIRE BOLTT
VEHERE INTERACTIVE PVT. LTD.
BEETEL TELETECH LTD.
MATRIX COMSEC PVT. LTD.
Icons Of India : Arjun Malhotra
Arjun Malhotra, the Chairman of Magic Software Inc., is widely recogni...
ICONS OF INDIA : ROSHNI NADAR MALHOTRA
Roshni Nadar Malhotra is the Chairperson of HCLTech, a leading global ...
ICONS OF INDIA : RITESH AGARWAL
Ritesh Agarwal is an Indian billionaire entrepreneur and the founder a...
EESL - Energy Efficiency Services Limited
EESL is uniquely positioned in India’s energy sector to address ener...
CSC - Common Service Centres
CSC initiative in India is a strategic cornerstone of the Digital Indi...
GeM - Government e Marketplace
GeM is to facilitate the procurement of goods and services by various ...
Indian Tech Talent Excelling The Tech World - ANJALI SUD, CEO – Tubi
Anjali Sud, the former CEO of Vimeo, now leads Tubi, Fox Corporation...
Indian Tech Talent Excelling The Tech World - George Kurian, CEO, Netapp
George Kurian, the CEO of global data storage and management services ...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...