The electrical equipment manufacturer and the Taiwanese electronics assembly specialist Foxconn announced this Monday that they have entered into a strategic partnership to define and deploy the next generation of AI-based data centers at scale.
This partnership combines Foxconn's expertise in advanced AI-powered computing platforms with Schneider Electric's know-how in power systems, cooling, and energy management.
'Together, the two companies aim to offer integrated, turnkey solutions that allow customers to set up and operate AI infrastructures with greater speed, efficiency, and predictability, regardless of the region,' they stated in a press release.
Production of these solutions will begin 'later this year,' according to the two companies.
Schneider Electric and Foxconn also intend to explore 'innovations in closed-loop energy optimization, power and cooling modules, as well as standardized design frameworks, in order to create repeatable and high-performance models for AI factories worldwide.'
Following these announcements, Schneider Electric shares gained more than 3% shortly after the opening of the Paris Stock Exchange this Monday, outperforming a CAC 40 index that was up approximately 1.4%.
Schneider Electric SE leads the Digital Transformation of Energy Management and Automation in Homes, Buildings, Data Centers, Infrastructures and Industries.
With a presence in more than 100 countries, Schneider Electric SE is the undisputed leader in power management - medium voltage, low voltage and secure energy, and automation systems. The company provides integrated efficiency solutions that combine energy management, automation and software.
The ecosystem it has built allows it to collaborate on its open platform with a large community of partners, integrators and developers to offer its customers both control and operational efficiency in real time.
Net sales are distributed geographically as follows: France (5.6%), Western Europe (17.7%), the United States (34.4%), North America (4%), China (11.5%), Asia/Pacific (14.6%) and other (12.2%).
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