Electronics manufacturing large Foxconn is partnering with synthetic intelligence (AI) infrastructure firm Zettabyte in a strategic funding aimed toward increasing energy-efficient AI computing options worldwide.
The partnership, introduced Monday (Dec. 23), combines Foxconn, the world’s largest electronics producer, with Zettabyte, an AI information heart software program and infrastructure options supplier. The collaboration facilities on Zettabyte’s Zware software program platform, which optimizes GPU efficiency whereas decreasing vitality consumption in AI information facilities.
“We’re thrilled to companion with Foxconn, an organization famend for its excellence in manufacturing and innovation,” mentioned Kenneth Tai, chairman of Zettabyte. “This partnership will speed up the deployment of our expertise, assembly the surging demand for high-performance, energy-efficient AI computing globally.”
In accordance to Foxconn, “Zware’s capability to reinforce AI information heart operations whereas considerably decreasing vitality consumption opens alternatives to set new benchmarks for the way forward for AI information facilities.”
Monetary phrases of the funding weren’t disclosed.
As PYMNTS beforehand reported, Foxconn warned of weakening shopper electronics demand in March 2023, projecting flat income and saying plans to spice up investments exterior China amid shifting manufacturing methods. Foxconn is a provider of Apple gadgets. China planned to bar iPhones from state companies and firms in September 2023, threatening Apple’s entry to a market that generates roughly 20% of its income.
Foxconn reported revenue of 6.162 trillion new Taiwan {dollars} (about $188 billion) in 2023 and ranks thirty second amongst Fortune World 500 corporations. The Taiwan-based firm was established in 1974.
Zettabyte’s Zware software program is designed to optimize GPU efficiency whereas maximizing computing output in AI operations. The corporate describes itself as a world innovator in AI information heart expertise, with its flagship software program setting “a brand new commonplace for sustainable and environment friendly AI computing.”
The partnership aligns with Foxconn’s dedication to advancing sustainable applied sciences. By way of the collaboration, the businesses intention to increase the adoption of energy-efficient AI options worldwide.
Zettabyte has just lately introduced extra partnerships with Pegatron and Chief Telecom. The corporate’s expertise focuses on offering options that redefine effectivity and sustainability in AI information facilities.
