Hon Hai chairman Young Liu and Nvidia CEO Jensen Huang sketched out a concept they called an “AI Factory,” through which the companies would collect data from EVs and then feed the information back to make improvements in a car’s technology. — Bloomberg
TAIPEI: Hon Hai Precision Industry Co, best known as the maker of Apple Inc’s iPhone, is expanding its push into electric vehicles (EVs) by integrating artificial intelligence (AI), attempting to bolster its strategy for one of the hottest segments of the automotive industry.
At an event in Taiwan complete with lasers and thumping music, Hon Hai chairman Young Liu drove on stage in a shiny blue Model B electric car with a surprise guest.
Jensen Huang, chief executive officer of the AI chip leader Nvidia Corp, joined him to talk about their efforts to make vehicles smarter, with technologies like autonomous driving and other features.
The duo sketched out a concept they called an “AI Factory,” through which the companies would collect data from EVs and then feed the information back to make improvements in a car’s technology.
“This car would of course go through life experience and collect more data, the data would go to the AI factory,” said Huang.
“The AI factory would improve the software and update the entire end to end system.”
The pair joked that the Model B designation stood for “beauty” and “beast.”
Liu, as far back as 2020, had sketched out a goal of capturing 10% of the global EV market by 2025, from essentially nothing.
But Hon Hai, also known as Foxconn, has stumbled in some of its early initiatives.
Hon Hai’s EV unit, Foxtron, and Taiwanese partner Yulon Motor Co are scheduled to deliver their first cars to customer Luxgen Motor Co in the fourth quarter. But it is not clear when mass production of the car will start. — Bloomberg
