Foxconn Chair Young Liu says the company will spend $2B to $3B per year in AI in the next three to five years and is discussing potential investments with Japan (Reuters)

Reuters:

Foxconn Chair Younger Liu says the corporate will spend $2B to $3B per 12 months in AI within the subsequent three to 5 years and is discussing potential investments with Japan  —  – Foxconn to take a position $2-3 billion yearly in AI over the subsequent 3-5 years -Liu  — China’s EV market faces fierce competitors, consolidation anticipated quickly -Liu