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Foxconn, Nvidia say they are building AI factories together
Economic Times
·
1y ago
Medial
Foxconn and Nvidia are partnering to build AI factories. They aim to leverage Nvidia's AI technology and Foxconn's manufacturing expertise to develop AI-powered devices. The collaboration is expected to revolutionize various industries, including healthcare, retail, and transportation.
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Foxconn says execs from Nvidia, Google, BMW will speak at its annual forum
Economic Times
·
10m ago
Medial
- Foxconn to host annual tech day forum next week, with executives from companies like Nvidia, Google, and BMW speaking. - Nvidia CEO Jensen Huang made an appearance last year to announce a partnership with Foxconn for building AI factories. - Executives will discuss topics such as artificial intelligence, electric vehicles, and digital health management. - Two new electric vehicle models will be unveiled at the event. - Foxconn aims to replicate its success in assembling electronics as it expands into making electric vehicles.
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Now, Apple Supplier Foxconn Plans Making AI Servers In India
Inc42
·
1y ago
Medial
Foxconn is planning to use its existing manufacturing facilities in Tamil Nadu to produce AI servers in India, according to a report by ET. The company, known for building AI servers for tech giants like Amazon, Google, Microsoft, and Nvidia, is likely to expand its operations to the country. This move aligns with Apple supplier and Foxconn subsidiary Rayprus Technologies' plans to enter the Indian market by establishing a facility in Bengaluru.
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Nvidia’s Big Tech rivals put their own AI chips on the table
Economic Times
·
1y ago
Medial
Big tech companies like Amazon, Google, Meta, and Microsoft are investing in building their own AI chips to reduce costs, eliminate shortages, and challenge NVIDIA's dominance in the AI chip market. While NVIDIA is the leader in AI chip sales, the tech giants are looking to control their own destiny by creating their own chips. However, they continue to work closely with NVIDIA and maintain partnerships with the chipmaker, ensuring they still offer its chips alongside their own. The AI chip market is projected to double by 2027, reaching around $140 billion.
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Nvidia CEO wants enterprise to think 'AI factory,' not data center
TechCrunch
·
1y ago
Medial
During Nvidia's GTC 2024 event, CEO Jenson Huang introduced the concept of "AI factories". He compared data centers to traditional factories, suggesting that data and electricity are the raw materials that go in and data tokens are the valuable product that comes out. The idea is to change the perception of data centers from being cost centers to money-making factories in the era of generative AI. By distributing these invisible data tokens, Nvidia aims to capitalize on this new form of industrial revolution.
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Nvidia profits soar over 600%, revenues above 200% as shares top $1,000
Livemint
·
1y ago
Medial
Nvidia Corp. has reported stellar earnings, with profit and revenue soaring due to the company's dominance in AI chips. Its net income surged to $14.88 billion, a sevenfold increase from the previous year, and revenue tripled to $26.04 billion. Nvidia's shares also crossed the $1,000 mark for the first time. The company's CEO, Jensen Huang, emphasized the significant role of AI in the next "industrial revolution" and predicted an increase in the use of Nvidia chips for building AI factories. Analysts praised Nvidia's performance, highlighting its continued dominance in the AI hardware market.
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"N(vidya) means knowledge in India": Mukesh Ambani tells Jensen Huang
Economic Times
·
9m ago
Medial
During the Nvidia Artificial Intelligence (AI) Summit, Nvidia CEO Jensen Huang and Mukesh Ambani, India's oil-to-telecom baron, discussed India's potential in the AI sector. They emphasized the importance of India in the global computer industry and highlighted the country's linguistic diversity and challenges in building large language models (LLMs). Huang also mentioned the end of Moore's law in terms of AI computing growth and emphasized the need for collaboration to bring the intelligence age safely to the world. Reliance and Nvidia are partnering to build AI infrastructure in India.
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Taiwan's Computex to showcase AI advances, Nvidia's Jensen Huang to take centre stage
Economic Times
·
2m ago
Medial
At Taiwan's Computex trade show, significant attention will be on Nvidia CEO Jensen Huang and AI advancements, amid concerns about U.S. tariffs. Key industry figures, including Qualcomm CEO Cristiano Amon and Foxconn Chairman Young Liu, will attend the event. Nvidia is likely to announce new partnerships with Taiwanese companies like Foxconn and Quanta. The trade show will emphasize collaboration, influenced by macroeconomic factors, and highlight the shift towards AI in Taiwan's tech industry.
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NVIDIA to manufacture AI supercomputers and chips in US as part of $500B Stargate project
YourStory
·
3m ago
Medial
NVIDIA plans to produce its AI infrastructure entirely in the United States under the $500-billion Stargate project, in collaboration with manufacturers like TSMC, Foxconn, and Wistron. They aim to create advanced AI chips in Arizona and supercomputers in Texas. This move is aligned with US efforts to reshoring technology manufacturing. Production has started in Arizona and Texas, leveraging NVIDIA’s own AI, robotics, and digital twin technologies to enhance manufacturing processes.
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NVIDIA rolls out NVLink Fusion to industry partners; plans AI supercomputer in Taiwan
YourStory
·
2m ago
Medial
NVIDIA has introduced NVLink Fusion, an interconnect technology enabling third-party chipmakers like MediaTek and Qualcomm to integrate their CPUs with NVIDIA GPUs, facilitating custom AI systems. This approach allows scaling AI infrastructure for demanding tasks. At COMPUTEX 2025, NVIDIA also unveiled DGX Cloud Lepton, a compute marketplace offering global GPU access for developers. Additionally, a new AI supercomputer project with Foxconn and plans for expanding operations in Taiwan were announced.
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US tech giants turn to Mexico to make AI gear, spurning China
Livemint
·
1y ago
Medial
Several major U.S. companies in the AI sector are urging their Taiwanese manufacturing partners, including Foxconn, to increase AI hardware production in Mexico. This move aims to decrease reliance on China and take advantage of the U.S.-Mexico-Canada Agreement (USMCA). Foxconn has invested $27 million in expanding its AI server production in Mexico and has already manufactured AI servers for major companies like Amazon, Google, Microsoft, and Nvidia. The rising presence of Taiwanese firms in Mexico is expected to reshape the country's industrial structure in the next decade, although challenges like crime and wage competition persist.
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