AI | Foxconn Chairman Young Liu Says AI Demand Is Genuine

Foxconn Chairman Young Liu said AI demand is genuine, citing major cloud spending as a sign of strong momentum, according to Bloomberg. Foxconn, also known as Hon Hai, is relying on steady US expansion and its partnership with OpenAI to pursue its goal of capturing half the AI server market within two years. Liu spoke with Bloomberg's Annabelle Droulers after meeting OpenAI chief Sam Altman earlier Friday to discuss their partnership.