Foxconn Works on New Tie-Up With OpenAI
Foxconn says it is working on a new tie-up with OpenAI. Its chairman said he met OpenAI chief Sam Altman earlier in the day and that an announcement will follow once details are confirmed. He also said there is no AI bubble, pushing back on worries that AI hype is inflating too fast.
Quick glossaryFoxconn, OpenAI, tie-up, AI bubble
- Foxconn
- A Taiwan-based electronics maker, best known for manufacturing iPhones and other devices for big brands.
- OpenAI
- A US-based AI company, best known for building ChatGPT.
- tie-up
- A formal partnership or agreement between two companies to work together toward a shared goal.
- AI bubble
- A period when investment and prices for AI soar beyond what the technology can really earn.
Burning Potato score: 72%