Nvidia and iPhone maker Foxconn to build “AI factories”

Chief executive officer of Nvidia Jensen Huang and Chairman of Foxconn Technology Group Young Liu attend the Hon Hai Tech Day in Taipei.shabby pictures

The most significant chip manufacturer in the world, Nvidia, and the iPhone manufacturer Foxconn are collaborating to create so-called” AI factories.”

The firms say it is a new kind of data centre that uses Nvidia chips topower a “wide range” of applications.

They cover big speech designs, robotics platforms, and autonomous vehicles.

In a punch to Nvidia, the US recently announced plans to stop more developed chip exports to China.

Sales of two high-end artificial intelligence cards Nvidia developed for the Foreign market, the A800 and H800, will be halted by the most recent exportation restrictions announced by Washington this year, according to the business.

Nvidia CEO Jensen Huang, who was born in Taiwan, and Foxconn president Young Liu shared a level on Wednesday at the company’s annual tech display in Taipei.

According to Reuters,” A innovative type of manufacturing has emerged: the production of knowledge and the data centers that produce it are AI companies.” Foxconn had the knowledge and level to construct these businesses worldwide, Mr. Huang added.

Foxconn, according to Mr. Liu, is attempting to” convert itself to a software solution business ,” citing smart production and smart cities as additional uses for AI factories.

Nvidia’s stock market value has increased to over$ 1 trillion as its shares more than tripled in value this year as a result of the company using its advanced chips in AI applications.

Along with Apple, Microsoft, Alphabet, and Amazon, it became the second formally traded US company to meet the so-called” Trillion dollars team.”

Foxconn, which produces more than half of the country’s Apple products, has been working to expand its offerings and build smartphones and personal computers with the same level of success.

Electric vehicles( EVs ) are what will fuel its growth in the upcoming decades, Mr. Liu told the BBC in an exclusive interview in June.

Foxconn and Nvidia announced a collaboration to create automatic automobile platforms in January, in which the latter would produce electric control systems for automobiles based on the chips of that company.