Foxconn invests in AutoCore.ai
Foxconn Electronics and others have jointly invested about CNY100 million (US$15.5 million) in AutoCore.ai, which is devoted to autonomous driving development, in pre-Series A funding round, according to Foxconn......»»
Amazon takes on Microsoft as it invests billions in Anthropic
The company is in a race among big tech firms to exploit the potential of artificial intelligence......»»
Amazon takes on Microsoft as invests billion in Anthropic
Amazon is in a race among big tech firms to exploit the potential of artificial intelligence......»»
Amazon invests up to $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Amazon invests $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Foxconn founder says Apple business means China can"t risk threatening him
Billionaire Foxconn founder Terry Gou is running for president of Taiwan, and says he "will not bow to China's threats," as any political pressure would disrupt sales to Apple, Tesla, and others.Foxconn founder Terry GouGou previously announced a run.....»»
Nissan shows dealers a new retail model, says more EVs coming
Nissan CEO Makoto Uchida committed to a diversified powertrain strategy in which the company invests in both internal combustion vehicles and electric vehicles......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
GM invests in battery materials startup in quest for lower-cost EVs
GM is the primary automaker customer of Mitra Chem, which aims to reduce battery costs through the use of iron-based cathodes......»»
Taiwan"s Foxconn says it sees "billions" of dollars in India investments
A month after exiting an ambitious project to help build one of India's first chip factories, Taiwan's Foxconn says it remains bullish about the world's most populous nation and is planning "billions" of dollars in investments there, as multinational.....»»
Foxconn predicts decline in iPhone demand
Foxconn's parent company Hon Hai says it expects iPhone and other smartphone sales to contract overall in 2023, following its latest earnings report.A Foxconn facilityWhile Foxconn most recently reported its biggest quarterly fall in profits in three.....»»
Apple buys Foxconn servers for testing its AI services
Apple's artificial intelligence work has now extended to it needing a series of servers for testing, and Foxconn is its exclusive supplier.Apple is to test AI services which might boost Siri's capabilitiesTim Cook has said that Apple has been working.....»»
BMW invests more in EVs to meet growing demand
The level of buyer interest in EVs means BMW is "investing more than originally planned in the global ramp-up of e-mobility," CFO Walter Mertl said......»»
Foxconn plans new $500 million investment in India
Apple's largest iPhone supplier Foxconn is intending to build two new plants in Karnataka, southern India, at a cost of half a billion dollars.A Foxconn facilityFoxconn has been working with Apple to reduce its reliance on China by diversifying to In.....»»
Luxshare won Vision Pro role by testing crazy Apple ideas
Foxconn rival Luxshare is believed to be the sole assembly partner for the Apple Vision Pro headset, and a new report says its flexibility in prototyping earned it the order.Tim Cook (far right) visiting a Luxshare factoryApple has not confirmed prev.....»»
Foxconn to take 50% stake in ZF axle system unit
The deal values ZF Chassis Modules at $1.11 billion and will allow the companies to expand their ranges of internal combustion engine and electric vehicle products......»»
Foxconn buys Apple gear for its Indian operations
Even Foxconn has to buy Apple hardware sometimes and reportedly it's spent $33 million on equipment just for its expansion plans in India.It's not as if Foxconn, Apple's biggest manufacturer, has to go to an Apple Store. Instead, according to The Tim.....»»
Foxconn buys equipment from Apple as it aims to expand business in India
During this year, BGR has reported Apple’s interest in expanding its supply chain outside China. While the company has businesses in Taiwan and Vietnam, India … The post Foxconn buys equipment from Apple as it aims to expand business in I.....»»
Foxconn pulls out of $19 billion chipmaking project in India
Foxconn says it is exiting an ambitious project to help build one of India's first chip factories......»»
Foxconn: Apple supplier drops out of $20bn India factory plan
Some analysts say Foxconn's decision marks a setback to the country's technology industry ambitions......»»
iPhone manufacturer drops $19.5 billion chip production deal with firm in India
Apple has its eyes on India as the next major market to dominate. The nation is also a big part of Apple’s plans to diversify product manufacturing outside of China. Foxconn, Apple’s iPhone manufacturing partner, just dropped out of a $19.5 bill.....»»