OpenAI Partner Foxconn Plans Multibillion-Dollar US AI Push (1)

Hon Hai Precision Industry Co. aims to spend an initial $1 billion to $5 billion growing its US manufacturing footprint, propelling an expansion aimed at sating the enormous needs of AI sector leaders Nvidia Corp. and OpenAI.

Also known as Foxconn, the Taiwanese company on Friday unveiled a partnership with OpenAI on server design and production. The two will work closely together to resolve the particular pain points of getting artificial intelligence data centers up and running over the key first few months of operation, Foxconn Chairman Young Liu said in an interview with Bloomberg Television.

“For OpenAI, they’re ...