The Foxconn chief executive’s comments underline the growing significance of generative artificial intelligence (GenAI) across industries, including automobile, for efficiency gains and cost savings.

Taiwan's Foxconn , the world's largest contract electronics maker, downgraded its full-year outlook on Wednesday citing recent appreciation of the Taiwan dollar, even as it struck an upbeat note about booming demand for AI servers.

Nvidia said it is working with Dell Technologies, HPE, Lenovo and other vendors to deliver its new RTX Pro servers that can “run virtually every enterprise workload,” including those for agentic AI, physical AI,

In a keynote presentation, the Chairman of Foxconn claimed that developments in generative AI and robotics will end low-end manufacturing jobs.

Foxconn’s broader vision for AI-enabled smart hospitals is built on Nvidia’s full-stack solution, from data centre to bedside.

Nurabot — built by Foxconn and Japanese multinational company Kawasaki Heavy Industries — uses the FoxBrain LLM, virtual training with Isaac for Healthcare and onboard compute powered by the NVIDIA Holoscan sensor processing platform running on an NVIDIA Jetson Orin device.

“Nvidia DGX Cloud Lepton connects our network of global GPU cloud providers with AI developers,” said Jensen Huang, founder and CEO of Nvidia. “Together with our NCPs, we’re building a planetary-scale AI factory.”

Foxconn believes it can ease the projected shortfall of over four million nurses by 2030 with healthcare solutions like AI robot Nurabot.