Home Foxconn, Nvidia Say They Are Building AI Factories

Foxconn, Nvidia Say They Are Building AI Factories

Share
Share

Foxconn, Nvidia Say They Are Building AI Factories

Taiwan’s Foxconn and Nvidia are partnering to create artificial intelligence data factories using Nvidia chips and software for self-driving cars. The AI factories will produce intelligence as output, taking data input and producing intelligence as output. The end-to-end AI system for autonomous electric vehicles will be developed by the AI factory, which will improve the car’s software. The data collected will be sent to the AI factory, which will then update the entire AI fleet. This end-to-end system will be used in every company and industry in the future. The AI factory will develop the car’s software, while the EV fleet will be updated by the AI factory.

Nvidia’s shares have tripled in 2023, reaching a market value of over $1 trillion. The company’s chips are crucial in AI applications, and Foxconn, the main supplier for Apple’s iPhones, aims to replicate its success in assembling personal computers and smartphones. Foxconn is converting itself from a manufacturing service company to a platform solution company, focusing on smart cities and smart manufacturing applications. The company is now able to understand what can power and make these smart platforms happen.

(With inputs from Shikha Singh)

Share

Latest News

News

Grayscale Registers ‘BNB Trust LLC’ in Delaware, Eyeing Possible U.S. BNB ETF Approval

“When billions flow and rules align, crypto ETFs cross the line from niche to prime.” How did crypto ETFs grow to hold...

News
Riot Platforms Sells $161M In Bitcoin As Focus Shifts Toward AI Infrastructure | 3verseTV

Riot Platforms Sells $161M In Bitcoin As Focus Shifts Toward AI Infrastructure

Riot Platforms sold 1,818 Bitcoin in December for $161.6 million at an average net price of $88,870, reflecting a broader strategic shift...

News
RAKBank Secures Initial Approval To Issue Dirham-backed Stablecoin | 3verseTV

RAKBank Secures Initial Approval To Issue Dirham-backed Stablecoin

RAKBank is preparing to enter the UAE’s growing stablecoin ecosystem after receiving in-principle approval from the Central Bank of the United Arab...

News
JPMorgan Brings JPM Coin To Privacy-focused Canton Network | 3verseTV

JPMorgan Brings JPM Coin To Privacy-focused Canton Network

JPMorgan is taking another step toward real-time institutional settlement by issuing its JPM Coin directly on the Canton Network, a privacy-focused public...

Latest Blogs

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for 2025 and beyond The future direction of Bitcoin from 2025...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those affected by automation. AI-powered crypto trading bots promise emotionless execution...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology enable users to control their data through digital standards which...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more than fifteen years because it combines technological elements with economic...

Related Articles

Bitcoin Price Prediction 2025, 2026-2030: Can BTC Rally to $200K?

Will Bitcoin Reach $200k in the Future? Expert Bitcoin Price Predictions for...

AI-Powered Crypto Trading Bots: The Hype, The Reality, & What Every Trader Must Know

Artificial Intelligence is transforming industries, and crypto trading is one of those...

Daily Trends in Web3, Crypto, AI & Blockchain

Introduction: Daily Trends in Web3 and Blockchain Technologies Web3 and blockchain technology...

Meet the Bitcoin Founders: The Real People Behind the World’s First Cryptocurrency

Mystery of Bitcoin’s Founders The Bitcoin creator mystery has persisted for more...