Foxconn and Nvidia to construct AI factories

19 Oct 2023 CW Team

Taiwanese tech giant Foxconn and US hardware leader Nvidia announced their collaboration to create "AI factories," which are robust data processing centres designed to facilitate the production of next-generation products like electric cars.

Foxconn, officially known as Hon Hai Technology Group, is the world's largest contract electronics manufacturer and is renowned for assembling devices for major global brands, including Apple's iPhone. Despite its established role in electronics assembly, the company has ambitious plans to expand beyond this domain. In recent years, Foxconn has ventured into the competitive and rapidly growing electric vehicle industry, unveiling concept cars during its annual event, "Hon Hai Tech Day."

This year, during the event, chairman Young Liu, in conjunction with Nvidia's CEO Jensen Huang, introduced a "new class of data centres that power a wide range of applications." Nvidia, headquartered in Silicon Valley, gained prominence through its development of graphics processing units (GPUs). Initially designed as powerful chips for modern video games, GPUs have evolved into a crucial component driving the rapid advancement of generative AI.

In their joint announcement, Foxconn and Nvidia expressed their intention to establish AI factories, which will serve as advanced hubs for data processing. These centres are expected to revolutionise the manufacturing industry, particularly in the production of innovative products like electric cars.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..