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Foxconn's Terry Gou Spoke at Stanford last week to talk-up hiring for his new US based 'Industrial AI Systems' Company

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Hon Hai Precision Industry, also known as Foxconn Technology Group, has set up a new artificial intelligence company in California's Silicon Valley to improve its AI-based industrial internet capabilities. The new company hopes to hire about 100 AI professionals from the area.


Foxconn, the world's largest contract manufacturing company, registered their new company as Industrial AI System last week.


Chairman Terry Gou said in opening remarks for a talk on AI-enabled manufacturing at Stanford University last week that "The Bay Area has been a high-tech innovation hub. It is the home to the best AI and data science talent in America."


Gou has been traveling in the U.S. after breaking ground on a manufacturing complex in the state of Wisconsin on June 28. Foxconn will invest about $10 billion in the facility.


The Nikkei report further reported that more than 500 people registered for the Stanford University event, which was only open to 100, according to the organizer. Attendees included students from the university, entrepreneurs from local startups and employees from large tech companies, and AI researchers.


Gou said he attended the event because Foxconn is serious about bringing industrial AI technology into traditional manufacturing. Earlier this week, Foxconn also signed a cooperative research agreement with University of Cincinnati's College of Engineering and Applied Sciences for developing industrial AI, he said.


Gou said Foxconn will invest in AI, big data, startups and local talent in Bay Area, as well as offer scholarships.


"Foxconn is significantly expanding in this area. We will start by recruiting about 100 AI staff here in Silicon Valley," said Liou, who also oversees the company's own research institute.


Liou added that Industrial AI System is looking for talent in the fields of deep learning, physics, optics and precision machine control.


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