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Stock impact report

OpenAI seeks US hardware partners for expansion into devices and data centers [Yahoo! Finance]

HON HAI PRECSON S/GDR NEW (HNHPF) 
NASDAQ:AMEX Investor Relations: foxconn.com/investors_en/investors.html
Company Research Source: Yahoo! Finance
cloud data centers in the coming years, according to a report Thursday from Bloomberg News. The ChatGPT maker has issued requests for proposals from companies that manufacture components in the United States, including silicon, motors, packaging materials, and data center cooling equipment. The company has not specified how much it plans to invest or the timeline for these initiatives. OpenAI has previously stated its intention to allocate trillions of dollars toward data center expansions, which it considers essential to increasing revenue. The company also recently acquired an AI device startup co-founded by former Apple Inc. executive Jony Ive, marking a step toward entering the consumer device market. In November, OpenAI formed a partnership with Hon Hai Precision Industry Co., known as Foxconn, to design and manufacture hardware for data centers. This collaboration aims to ensure server racks can be produced within the United States. Related articles OpenAI seeks US har Show less Read more
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