
Foxconn's big AI play could power Apple's next big thing
Meanwhile, TECO was originally a car engine maker. It's also expanded into EVs, energy storage, and even data center construction. Foxconn, on the other hand, is also manufacturing server racks designed for AI workloads, in a collaboration with Nvidia. Apple is very likely to also benefit from this deal. The Cupertino tech giant has very ambitious plans for generative AI in the future, and that would require an expanded server infrastructure globally to support all these demanding AI tasks. Possibly, Foxconn may get involved with this, given the ties between the two companies.
Towards the end of last year, Apple was rumored to be looking to build its own servers to handle AI tasks. And indeed, Foxconn is one of the partners that can help make this happen. Hopefully, this deal can help Apple give us the promised Apple Intelligence features that we're yet to see (hello, there, context-aware Siri).

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