CEO of Foxconn Anticipates Generative AI Will Eliminate Low-End Manufacturing Positions
Foxconn’s CEO on AI’s Impact on Jobs Young Liu, the CEO of Foxconn, forecasts a grim future for low-end manufacturing jobs due to the rise of artificial intelligence (AI). Foxconn, a major player in the tech industry, is responsible for producing around 70% of iPhones, making it the largest contract manufacturer globally. During his keynote […]
Microsoft to Build $3.3 Billion AI Data Center at Former Foxconn Site
In a strategic move to strengthen its AI capabilities, Microsoft announced plans to invest $3.3 billion to build a new AI data center in Racine, Wisconsin. The project has political overtones, as Joe Biden’s White House seeks to attack Trump’s economic policies. pc mug report Microsoft is building a new $3.3 billion data center in […]
Biden mocks Trump over failed Foxconn project in Wisconsin
President Biden on Wednesday declared the Trump administration’s much-touted effort to bring a Foxconn facility to Wisconsin a “fraud,” dismissing the failed project and Microsoft’s new investment in the state. Contrasted. Biden visited Racine, Wisconsin, where he announced that Microsoft would invest $3.3 billion to build a new artificial intelligence data center on the same […]
Biden to tout $3.3 billion Microsoft investment in Wisconsin at former Foxconn site
President Biden will visit Wisconsin on Wednesday, where he plans to contrast Microsoft’s major investment in the state with Foxconn’s investment in the region that did not materialize during the Trump administration. Biden is expected to head to Racine to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center […]