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Foxconn's Terry Gou pushes 'industrial AI' in Silicon Valley

Key iPhone assembler looks to lure top talent to its new California company

Foxconn Chairman Terry Gou addresses participants during an AI event at Stanford University in the U.S. state of California on Friday. (Photo by Lauly Li)

PALO ALTO, U.S. -- 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.

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