Foxconn chairman says AI investment boom 'still has some time to go' as language models evolve

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Foxconn Chairman Young Liu told CNBC the artificial intelligence boom 'still has some time to go' as AI models are become more and more intelligent.

Foxconn Chairman Young Liu told CNBC the artificial intelligence boom "still has some time to go" as AI models are becoming increasingly intelligent with each new iteration that comes out.

Speaking with CNBC's Emily Tan, Chief Executive and Chairman of Foxconn Young Liu, said that the AI boom "still has some time to go" as advanced language models from the likes of OpenAI are becoming increasingly intelligent with each new iteration that comes out. OpenAI is one of the leading companies pushing for AGI. Sam Altman, CEO of the Microsoft-backed startup, has previously said AGI will be developed in the "reasonably close-ish future," however he's also said he thinks it will "change jobs much less than we all think."this summer, revealed last week that it had raised $6.6 billion at a $157 billion valuation.

The strong performance came off the back of heightened demand for AI servers, which Foxconn manufactures for several major global tech giants, including

 

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