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Foxconn to build Nvidia AI servers using humanoid robots from next year: Report

Foxconn to build Nvidia AI servers using humanoid robots from next year: Report

India Today14 hours ago

Foxconn and Nvidia are reportedly planning to use humanoid robots to build Nvidia's next-generation AI servers at a new Foxconn facility in Houston, according to a Reuters report. This would mark the first time an Nvidia product is manufactured with the help of humanoid robots, and it could also be a first for Foxconn's AI server production lines. The use of robots on this scale signals a major shift in how factories might function in the near future, especially as more companies invest in automation and robotics to boost efficiency and reduce dependency on human labour for repetitive tasks.advertisementAs per sources, Foxconn and Nvidia are still finalising the deployment, which is expected to take shape in the coming months. If everything goes to plan, the humanoid robots will be introduced in the first quarter of 2026, when the Houston plant is scheduled to begin producing Nvidia's upcoming GB300 AI servers.It's not yet confirmed how many robots will be deployed or what exact roles they'll perform. However, a company presentation from May suggests Foxconn has been training humanoid robots to do tasks like picking and placing objects, inserting cables, and handling basic assembly work — all of which are crucial functions on a server production line.
Foxconn is reportedly working on its own humanoid robots in collaboration with Nvidia and has also tested models from China-based UBTech. That said, it's still unclear which specific type of robot will be used at the Houston site. One advantage the new factory has is space — being a fresh facility, it offers more room for robotic integration compared to Foxconn's older manufacturing setups.advertisementNeither Foxconn nor Nvidia have commented on the matter so far. The sources cited in the report declined to be named as they are not authorised to speak to the media.At an event in Taipei last month, Leo Guo, general manager of the robotics division at Foxconn Industrial Internet, shared that the company plans to unveil two types of humanoid robots at its annual tech event in November. One version will feature robotic legs, while the other will have a wheeled base, which is expected to be more affordable.Nvidia, meanwhile, has been investing heavily in AI infrastructure. Back in April, the company revealed plans to set up supercomputer manufacturing plants in Texas, partnering with Foxconn in Houston and Wistron in Dallas. These facilities are expected to begin ramping up production in about 12 to 15 months.For Nvidia, this move further cements its role in the robotics space. Apart from using humanoid robots, the company also provides platforms that robot makers can build on. Earlier this year, Nvidia CEO Jensen Huang predicted that humanoid robots would become common in factories within five years.Globally, other companies are exploring similar paths. Car manufacturers like Mercedes-Benz and BMW have already experimented with humanoid robots on their production lines. Tesla is working on its own robot, while China has been actively supporting robotics development in hopes of automating large portions of factory work.

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French President Macron throws 'Starlink challenge' at Europe; comes after Donald Trump said US no longer willing to be main guarantor of Europe's security
French President Macron throws 'Starlink challenge' at Europe; comes after Donald Trump said US no longer willing to be main guarantor of Europe's security

Time of India

timean hour ago

  • Time of India

French President Macron throws 'Starlink challenge' at Europe; comes after Donald Trump said US no longer willing to be main guarantor of Europe's security

(Darryl Dyck/The Canadian Press via AP) French President Emmanuel Macron endorsed plans for a European satellite manufacturing powerhouse and urged faster deployment of Starlink-like satellites, declaring space he new theatre for world power and key arena for global power competition. According to a report by Reuters, speaking at the Paris Airshow, after France moved to take control of Eutelsat , a Starlink rival, Macron outlined a strategy to challenge U.S. billionaire Elon Musk's expansive rocket-to-telecoms empire, emphasizing a robust push across launchers, manufacturing, and services. "At the intersection of all these public and private questions, as well as civil, military, scientific and industrial ones, space has in some way become a gauge of international power," Macron told delegates, according to Reuters. The Airshow, set against the backdrop of Israel-Iran tensions, focused on geopolitical and trade issues rather than typical jetliner orders, with space taking center stage on Friday, Reuters noted. Europe, a leader in Earth observation, has lagged behind the U.S. and China in the strategic space domain, losing independent orbital access for over a year in 2023 due to technical issues, delays, and severed Russian ties over Ukraine, which ended Soyuz rocket use. Europe lags way behind US and China in Space Tech by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Memperdagangkan CFD Emas dengan salah satu spread terendah? IC Markets Mendaftar Undo Despite being the world's top satellite exporter, Europe's key manufacturers—Airbus and a Thales-Leonardo partnership—face profitability challenges and aim to consolidate, Reuters said. Macron voiced strong support: "They have our full support and confidence. I want us to build this new champion as soon as possible." He added, "This is what will allow us, as Europeans, to have the scale to improve competitiveness and volume. It's a sector consolidation." Driven by competition from Musk's cost-effective Starlink satellites and a shift from high-orbit bespoke satellites, Airbus, Thales, and Leonardo are exploring a joint venture, codenamed Project Bromo, though past consolidation attempts were blocked by competition concerns, Reuters reported. Russia-Ukraine conflict showed importance of Space tech The strategic importance of satellite services, underscored by Ukraine's conflict, prompted France to invest $1.55 billion in Eutelsat, boosting its shares, Reuters noted. However, European space budgets pale compared to U.S. and Chinese spending, with the U.S. holding nearly two-thirds of the global space budget in 2023, while Europe accounted for just 11%, per the European Space Agency. Macron's space ambitions face fiscal constraints as France grapples with public finance control after last year's spending surge, Reuters said. Jean-Pierre Darnis, an associate fellow at the Foundation for Strategic Research, told Reuters, "Partnership between public and private capital will be needed and this requires a considerable effort." The Airshow also reflected Europe's push for sovereignty amid doubts about U.S. security commitments, with Vago Muradian, founder of the Defense & Aerospace Report, quoted by Reuters saying, "The big story of this show is sovereignty in the wake of some of the statements by (Trump) questioning U.S. commitment to Europe and to NATO." Europe's defense spending is rising, and some suppliers are offering "ITAR-free" products to bypass U.S. export controls, a senior European industry official told Reuters. Meanwhile, the commercial side of the show was subdued after an Air India Boeing 787 crash, with Boeing avoiding announcements while Airbus and Embraer secured deals earlier, Reuters reported.

IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details
IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details

News18

time2 hours ago

  • News18

IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details

Last Updated: The primary market will be busy starting June 23, with 12 IPOs worth Rs 15,800 crore, including HDB Financial Services, Kalpataru Projects, and Ellenbarrie Industrial Gases. After a five-six month hiatus, the primary market is gearing up for an exceptionally active week starting June 23, with 12 IPOs worth Rs 15,800 crore lined up, including five from the mainboard segment. The upbeat mood in equity markets — despite short-term global concerns — continues to fuel investor confidence. 'Market sentiment remains broadly constructive, driven by improving macroeconomic indicators, favourable liquidity conditions, and increasing participation from both institutional and retail investors," Bajaj Broking Research said in its note. IPOs to Launch Next Week HDB Financial Services IPO (Mainboard) A subsidiary of HDFC Bank, HDB Financial is launching the largest IPO of 2025 at Rs 12,500 crore. The issue will be open from June 25 to June 27, with a price band of Rs 700-740 per share. Its GMP currently stands at 12.30%. Kalpataru Projects International IPO (Mainboard) Mumbai-based real estate player Kalpataru Projects is launching a Rs 1,590-crore IPO from June 24 to June 26. The price band has been fixed at Rs 387-414 per share. Its GMP currently stands at 2.66%. Sambhv Steel Tubes, a maker of ERW steel pipes and tubes, will open its IPO on June 25. The price band is set at Rs 77-82 per share. Its GMP currently stands at 13.41%. Ellenbarrie, which provides industrial and medical gases, is set to raise Rs 852.53 crore. The IPO opens on June 24 and closes on June 26, with a price band of Rs 380-400 per share. The GMP currently stands at zero. Globe Civil Projects IPO (Mainboard) This New Delhi-based EPC company will launch a Rs 119-crore IPO between June 24 and June 26. The price band is Rs 67-71 per share. Its GMP currently stands at 18.31%. AJC Jewel Manufacturers IPO (SME) The IPO of this jewelry manufacturer is worth Rs 14.59 crore and will run from June 23 to June 26, with a price band of Rs 90-95 per share. Its GMP currently stands at 9.47%. Shri Hare-Krishna Sponge Iron IPO (SME) Scheduled to open on June 24 and close on June 26, this IPO is one of three SME listings on the same day. Its IPO currently stands at zero. Icon Facilitators IPO (SME) Also launching on June 24 with the same closing date, June 26, Icon Facilitators is part of the three-SME batch aiming to raise Rs 61.35 crore collectively. Its GMP currently stands at 4.40%. Abram Food IPO (SME) The third SME IPO opening on June 24 alongside Shri Hare-Krishna and Icon Facilitators, part of the collective Rs 61.35-crore raise. Its GMP currently stands at zero. Suntech Infra Solutions IPO (SME) This Rs 42.16-crore IPO will open on June 25 for three days. The price band has been fixed in the range of Rs 81 to Rs 86 per share. Its GMP currently stands at 24.42%. Ace Alpha Tech IPO (SME) The tech company's Rs 47.15-crore IPO is scheduled to open on June 26. Its price band has been fixed in the range of Rs 101 to Rs 107 per share. The GMP currently stands at zero. PRO FX Tech IPO (SME) PRO FX Tech, which plans to raise Rs 38.21 crore via public issue, is opening its three-day IPO on June 26. Its price band has been fixed at Rs 82 to Rs 87 per share. According to market observers, its GMP currently stands at zero. Ongoing SME IPOs (Till June 24) The following SME IPOs will remain open until June 24, having started on June 20: Arisinfra Solutions IPO (Mainboard) After being subscribed 2.65 times, Arisinfra will make its stock market debut on the mainboard on June 23. Its GMP currently stands at zero, indicating flat or negative listing gains. Samay Project Services IPO (SME) It is scheduled to list on the NSE Emerge on June 23. Its GMP currently also stands at zero, indicating flat or negative listing gains. Patil Automation IPO (SME) It will make its stock market debut on June 23 on the NSE Emerge. Its GMP currently stands at 16.67%, indicating decent listing gains. Eppeltone Engineers IPO (SME) The electronic meters maker will be listed on June 24. Its current GMP stands at 54.69%, signalling strong listing gains. Influx Healthtech IPO (SME) It is set to list on June 25. Its latest GMP stands at 22.92%, indicating decent listing gains. Mayasheel Ventures IPO (SME) Its shares will begin trading on the exchanges on June 27. It GMP stands at 10.64%. Safe Enterprises Retail Fixtures IPO (SME) Safe Enterprises Retail Fixtures Ltd will also make its debut on June 27. Its GMP stands at 17.39%. Aakaar Medical Technologies IPO (SME) top videos View all Completing the week's SME listings, Aakaar will list on June 27. Its GMP currently stands at zero. It is important to note that the GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. About the Author Mohammad Haris Haris is Deputy News Editor (Business) at He writes on various issues related to markets, economy and companies. Having a decade of experience in financial journalism, Haris has been previously More Stay updated with all the latest business news, including market trends, stock updates, tax, IPO, banking finance, real estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated! tags : initial public offering (IPO) IPO Location : New Delhi, India, India First Published: June 21, 2025, 10:39 IST News business » ipo IPOs Next Week: 12 Companies To Raise Rs 15,800 Crore Via Public Offers, Check Details

Delhi High Court Protects Domino's Trademark from Unauthorized Pizza Outlets, ET HospitalityWorld
Delhi High Court Protects Domino's Trademark from Unauthorized Pizza Outlets, ET HospitalityWorld

Time of India

time2 hours ago

  • Time of India

Delhi High Court Protects Domino's Trademark from Unauthorized Pizza Outlets, ET HospitalityWorld

The Delhi High Court has restrained 15 pizzerias from infringing the popular Domino's trademark, underscoring "disastrous consequences" on human health if it was allowed to continue. Justice Saurabh Banerjee was hearing a suit filed by the popular chain Domino's Pizza, a Delaware-based corporation, seeking an ad interim injunction on 15 entities from using deceptively similar marks, such as "Domnic's Pizza, Dominic Pizza, Dominic's Pizza, Domnik Pizza and Daminic Pizza". On May 28, the court in its order said, "It is prima facie evident that the marks of the defendants (15 entities) are deceptively similar and phonetically identical to the plaintiff no 1 (Domino's intellectual property (IP) holder corporation), erstwhile trade name Dominick's Pizza." Advt Join the community of 2M+ industry professionals. Subscribe to Newsletter to get latest insights & analysis in your inbox. All about ETHospitalityWorld industry right on your smartphone! Download the ETHospitalityWorld App and get the Realtime updates and Save your favourite articles. As the dispute involved edible products, the court noted, the threshold for establishing deceptive similarity was lower than for other products."In essence, any confusion between such products, if allowed to continue, can lead to disastrous consequences on human health. Therefore, this court has to adopt a more cautious and stringent approach for judging the likelihood of confusion and to exercise greater care," the order in favour of the corporation in the interim, the court restrained the outlets and their agents from using the "nearly identical or deceptively similar marks" till the next date of hearing on September court also directed online food aggregators Zomato and Swiggy to de-list, take down and suspend the identical or similar listings of the 15 entities from their mobile application, website or any other the plea, the corporation said Domino's was founded in the year 1960 in Michigan, USA, by Tom Monaghan and his brother James when the brothers purchased Dominick's Pizza, a pizza store owned by Dominick DiVarti in Ypsilanti, Michigan, and in 1965, after the brothers purchased two more restaurants, the name was changed from Dominick's to Domino's to the plea, there were over 21,000 Domino's Pizza stores across all continents, and the corporation had been continuously and uninterruptedly using the trademarks Domino's and Domino's Pizza. PTI

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