• Latest
  • Trending
Foxconn to invest $1.37 billion in AI infrastructure

Foxconn to invest $1.37 billion in AI infrastructure

IBM brings frontier AI to enterprise security operations through OpenAI partnership

IBM brings frontier AI to enterprise security operations through OpenAI partnership

Honasa expands into health supplements with major acquisition

Honasa expands into health supplements with major acquisition

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

Infosys Chairman says AI Is an enabler, not a replacement

Infosys Chairman says AI Is an enabler, not a replacement

Wipro launches AI-driven MDR services with Palo Alto

Wipro launches AI-driven MDR services with Palo Alto

Info Edge’s early AI bets are paying off

Info Edge’s early AI bets are paying off

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

Sophos and OpenAI collaborate to bring frontier AI cybersecurity tools to enterprises

Dubai crude premium turns to discount as U.S.–Iran deal eases global oil supply concerns

Dubai crude premium turns to discount as U.S.–Iran deal eases global oil supply concerns

Kunal Shah’s WhatsApp appointment signals Meta’s big India bet

Kunal Shah’s WhatsApp appointment signals Meta’s big India bet

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

Aurobindo Pharma USA gets FTC clearance to acquire Lannett in $250 million deal

RBI keeps repo rate unchanged at 6.5%; Inflation, GDP growth forecast for FY25 retained

Banks raise FCNR deposit rates for NRIs post RBI relaxation

Jio platforms files for India’s largest IPO: Here’s what you need to know

Jio platforms files for India’s largest IPO: Here’s what you need to know

  • Market
  • Commodity
  • Personal Finance
  • Data Story
  • News
  • Contact Us
Wednesday, June 24, 2026
  • Login
Data Biz Times
No Result
View All Result
Data Biz Times
No Result
View All Result

Foxconn to invest $1.37 billion in AI infrastructure

in Artificial Intelligence
Reading Time: 2 mins read
0
Foxconn to invest $1.37 billion in AI infrastructure
Share on FacebookShare on Twitter

Athira Sethu

Kochi, 28 Oct 2025

Taiwan’s Foxconn, the largest electronics maker globally, has stated plans to invest as much as NT$42 billion (approximately $1.37 billion) in artificial intelligence and supercomputing technology. The board of directors of the company approved this investment to be made between December 2025 and December 2026 from Foxconn’s own resources.

The investment is intended to deepen Foxconn’s cloud computing business and accelerate the growth of the company’s three smart technology platforms. While Foxconn has not disclosed precisely where it would invest, a person familiar with the situation confirmed that Taiwan will be the area of focus.

Foxconn, or Hon Hai Precision Industry Co Ltd, has also been ramping up investments in artificial intelligence and cloud technology in recent years. The company had previously been famous for producing electronics components for the likes of Apple. But as demand for traditional electronics such as smartphones declines, Foxconn is trying to move into new spaces, including AI and cloud computing, to fuel its future growth.

Earlier this year, Foxconn joined hands with Nvidia to construct an AI center in Taiwan. The center will be powered with 100 megawatts of power, reflecting the company’s interest in AI development. Further, the company also intends to collaborate with Japan’s SoftBank to produce data center hardware in Ohio, USA. This project named Stargate is intended to assist with the expansion of artificial intelligence infrastructure in the United States.

The investment in AI and supercomputing is Foxconn’s move to diversify its operations beyond conventional electronics manufacturing. Through investment in cloud computing and AI, Foxconn aims to profit from increasing demand for the two technologies and become a market leader in the next wave of innovation in the tech sector.

Foxconn’s investment in AI and supercomputing underscores the company’s intent to remain competitive and expand in emerging markets. With these investments, the company is positioning itself to benefit from the increasing demand for cloud offerings and AI-based solutions, which are increasingly significant to industries across the globe.

Related Posts

Infosys Chairman says AI Is an enabler, not a replacement

Infosys Chairman says AI Is an enabler, not a replacement

0

Athira Sethu Kochi. 24 June 2026 Nandan Nilekani, chairman of Infosys, has stated that artificial intelligence (AI) will not bring...

Anthropic opens Seoul office, expands AI partnerships across South Korea

Anthropic opens Seoul office, expands AI partnerships across South Korea

0

DBT Bureau Pune, 20 June 2026 Anthropic has opened its Seoul office and announced new partnerships across the Korean AI...

Hexaware to invest £25 million in UK expansion, create 1,200 jobs

Hexaware to invest £25 million in UK expansion, create 1,200 jobs

0

DBT Bureau Pune, 18 June 2026 Hexaware Technologies will invest £25 million to expand its UK operations, a move expected...

Adani, Jabil to develop end-to-end AI data center hardware ecosystem in India

Adani, Jabil to develop end-to-end AI data center hardware ecosystem in India

0

DBT Bureau Pune, 15 June 2026 Adani Group and Jabil Inc. announced the intent to form a strategic alliance to...

IBM brings frontier AI to enterprise security operations through OpenAI partnership
Tech

IBM brings frontier AI to enterprise security operations through OpenAI partnership

0

DBT Bureau Pune, 24 June 2026 IBM announced it has joined the OpenAI Daybreak Cyber Partner Program, bringing advanced frontier...

Read moreDetails
Honasa expands into health supplements with major acquisition
News

Honasa expands into health supplements with major acquisition

0

Athira Sethu Kochi, 24 June 2026 Honasa Consumer Ltd, the parent company of brands like Mamaearth and The Derma Co,...

Read moreDetails
Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL
Market

Stocks to watch: Bharat Dynamics secures ₹1,348 crore orders from HAL

0

DBT Bureau Pune, 24 June 2026 Shares of Bharat Dynamics Limited are likely to remain in focus after the company...

Read moreDetails
Infosys Chairman says AI Is an enabler, not a replacement
Artificial Intelligence

Infosys Chairman says AI Is an enabler, not a replacement

0

Athira Sethu Kochi. 24 June 2026 Nandan Nilekani, chairman of Infosys, has stated that artificial intelligence (AI) will not bring...

Read moreDetails
DBT Bureau

Data Biz Times © 2024. All Rights Reserved.

Navigate Site

  • Media Release
  • Blog
  • Contact Us
  • Privacy Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Market
  • News
  • Data Story
  • Business
  • Media Release
  • Tech
  • Contact Us

Data Biz Times © 2024. All Rights Reserved.