Latest news with #JeffLin
Yahoo
5 days ago
- Business
- Yahoo
TPIsoftware's AI Innovations Recognized with TAIA 2025 AI Award Best Solution
TAIPEI, June 3, 2025 /PRNewswire/ -- TPIsoftware's conversational AI product was named Best Solution at the 2025 AI Award by Taiwan Artificial Intelligence Association (TAIA). Established in 2023, the TAIA's 2025 AI Award is a prestigious honor recognizing AI innovation and contributions. Finalists are carefully chosen through a three-round rigorous evaluation process conducted by a panel of experts The awards saw record-high submissions this year, and selected 18 tech leaders as well as 11 scholars, healthcare practitioners and professionals whose contributions to AI are impactful and innovative. TPIsofware's ranked Distinction for its proven capabilities to deliver AI-complementing and -enhancing solutions using generative AI and discriminative AI, which classifies and predicts data for improved decision-making. With 120 million active users in Taiwan, has been widely adopted and seen effectiveness in AI-enhanced applications across key sectors, especially at a time when the labor market is constrained. Incorporating into AI strategy empowers businesses to further utilize AI to improve efficiency and drive iteration. "In the rapidly-changing AI landscape, businesses confront technical challenges that impede their ability to leverage AI, causing gaps between expectations and real-world experience. Over the past five years, we completed 38 AI-related projects that deliver value and tangible outcomes, empowering businesses to better serve their customers with our one-stop GenAI solutions. We believe that by using the right AI, businesses will be equipped to make the right decision and achieve the best results, further enhancing productivity while capitalizing on AI adoption," says Jeff Lin, Executive Vice President of TPIsoftware's Innovation and AI Product Division. "The industry awards affirm our commitment to addressing businesses' AI-related challenges in their digital transformation journey. Integrating GenAI into a one-stop solution helps enhance business processes and improve decision-making throughout their critical operations," comments Yilan Yeh, TPIsoftware's General Manager. "We see ourselves as a tech leader, rather than a mere B2B software provider, as we always lean into innovative AI applications and industry expertise to strategize on a future-proof, impactful digital experience for our clients." View original content to download multimedia: SOURCE TPIsoftware
Yahoo
18-05-2025
- Business
- Yahoo
Wistron says new US plants will be ready for Nvidia's server production next year
By Wen-Yee Lee TAIPEI (Reuters) -Taiwanese electronics manufacturer Wistron said on Friday that its new U.S. manufacturing facilities for its customer Nvidia would be ready next year and the firm was in talks with potential other customers. Part of the facilities will be used by Nvidia to support its plan to build artificial intelligence servers worth up to $500 billion in the U.S. over the next four years. The U.S. firm said in April it planned to build supercomputer manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas. Both sites are expected to increase production within 12 to 15 months. "I believe it's exactly in line with what the customer announced. All our progress will follow the customer's lead,' Wistron CEO Jeff Lin said in his first public comments since Nvidia's announcement. He said the company was in discussion with other customers to use the U.S. facilities, which will produce high-performance computing and AI-related products, declining to disclose their names. Wistron's board approved a total investment of $500 million in its new U.S. subsidiary to support business development and strategic growth in the U.S. Commenting on U.S. restrictions on exports of advanced chips to China, Lin said demand outside of China remained very strong. "We expect to grow alongside our customers ... As for developments in the Middle East, most of them are essentially our indirect customers." The United Arab Emirates and the U.S. signed an agreement this week for the Gulf country to build the largest AI campus outside the U.S., in a deal that according to sources could involve purchase of 500,000 of Nvidia's most advanced AI chips per year starting in 2025. As the U.S. threatens sweeping tariffs on many of its trading partners, Wistron said it would also consider producing notebooks in Mexico, noting that such products would not face tariffs under the United States-Mexico-Canada trade agreement.
Yahoo
16-05-2025
- Business
- Yahoo
Wistron Says U.S. Nvidia Server Plants Ready in 2026
Nvidia (NASDAQ:NVDA) partner Wistron says its U.S. plants to build AI servers will be operational in 2026, keeping pace with Nvidia's own ramp-up plans, Reuters reports. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Wistron CEO Jeff Lin confirmed that Dallas and Houston facilitiespart of more than one million square feet of commissioned manufacturing space across Texas and Arizonawill follow the customer's lead and start producing Nvidia Blackwell-based AI servers next year. The Dallas plant will focus on server assembly, while Houston, in partnership with Foxconn, will handle testing and module integration for both chips and systems. Wistron is also in talks to use its U.S. facilities for other hyperscale clients, though details remain under wraps. This announcement comes a month after Nvidia disclosed its strategy to manufacture and test AI chips domestically, citing supply-chain resilience amid export curbs and geopolitical friction. By localizing server production in the U.S., Nvidia aims to shore up capacity for its rapidly growing data-center business, which reported 50% year-over-year revenue growth in Q1 and now represents over 60% of total sales. Wistron's timeline dovetails with Nvidia's goal to double AI-server shipments by FY27, as enterprises accelerate adoption of generative AI workloads. Why It Matters: U.S. onshore production of AI servers could alleviate logistics bottlenecks, secure supply chains against export restrictions, and underpin sustained data-center expansion. Nvidia has seen a strong rebound in recent weeks, with its stock jumping 15.1% over the past week and 20.4% in the past monthdoubling the S&P 500's gains in both timeframes. However, the six-month picture still shows a 4.84% decline, suggesting prior weakness or consolidation before this recent surge. Year to date, Nvidia is now barely in positive territory, up 0.61%, trailing the broader market's 0.97% gain. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Wistron Says U.S. Nvidia Server Plants Ready in 2026
Nvidia (NASDAQ:NVDA) partner Wistron says its U.S. plants to build AI servers will be operational in 2026, keeping pace with Nvidia's own ramp-up plans, Reuters reports. Warning! GuruFocus has detected 4 Warning Signs with NVDA. Wistron CEO Jeff Lin confirmed that Dallas and Houston facilitiespart of more than one million square feet of commissioned manufacturing space across Texas and Arizonawill follow the customer's lead and start producing Nvidia Blackwell-based AI servers next year. The Dallas plant will focus on server assembly, while Houston, in partnership with Foxconn, will handle testing and module integration for both chips and systems. Wistron is also in talks to use its U.S. facilities for other hyperscale clients, though details remain under wraps. This announcement comes a month after Nvidia disclosed its strategy to manufacture and test AI chips domestically, citing supply-chain resilience amid export curbs and geopolitical friction. By localizing server production in the U.S., Nvidia aims to shore up capacity for its rapidly growing data-center business, which reported 50% year-over-year revenue growth in Q1 and now represents over 60% of total sales. Wistron's timeline dovetails with Nvidia's goal to double AI-server shipments by FY27, as enterprises accelerate adoption of generative AI workloads. Why It Matters: U.S. onshore production of AI servers could alleviate logistics bottlenecks, secure supply chains against export restrictions, and underpin sustained data-center expansion. Nvidia has seen a strong rebound in recent weeks, with its stock jumping 15.1% over the past week and 20.4% in the past monthdoubling the S&P 500's gains in both timeframes. However, the six-month picture still shows a 4.84% decline, suggesting prior weakness or consolidation before this recent surge. Year to date, Nvidia is now barely in positive territory, up 0.61%, trailing the broader market's 0.97% gain. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
16-05-2025
- Business
- Time of India
Wistron says new US plants will be ready for Nvidia's server production next year
By Wen-Yee Lee TAIPEI: Taiwanese electronics manufacturer Wistron said on Friday that its new U.S. manufacturing facilities for its customer Nvidia would be ready next year and the firm was in talks with potential other customers. Part of the facilities will be used by Nvidia to support its plan to build artificial intelligence servers worth up to $500 billion in the U.S. over the next four years. The U.S. firm said in April it planned to build supercomputer manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas. Both sites are expected to increase production within 12 to 15 months. "I believe it's exactly in line with what the customer announced. All our progress will follow the customer's lead," Wistron CEO Jeff Lin said in his first public comments since Nvidia's announcement. He said the company was in discussion with other customers to use the U.S. facilities, which will produce high-performance computing and AI-related products, declining to disclose their names. Wistron's board approved a total investment of $500 million in its new U.S. subsidiary to support business development and strategic growth in the U.S. Commenting on U.S. restrictions on exports of advanced chips to China, Lin said demand outside of China remained very strong. "We expect to grow alongside our customers ... As for developments in the Middle East, most of them are essentially our indirect customers." The United Arab Emirates and the U.S. signed an agreement this week for the Gulf country to build the largest AI campus outside the U.S., in a deal that according to sources could involve purchase of 500,000 of Nvidia's most advanced AI chips per year starting in 2025. As the U.S. threatens sweeping tariffs on many of its trading partners, Wistron said it would also consider producing notebooks in Mexico, noting that such products would not face tariffs under the United States-Mexico-Canada trade agreement.
