Hon Hai Precision Industry (TPE:2317), also known as Foxconn, formed a strategic partnership with Intel to develop and deploy next-generation artificial intelligence infrastructure and computing platforms.

The companies will combine Intel's chip and software expertise with Foxconn's manufacturing and system integration capabilities to build AI solutions across data centers, edge computing and robotics, according to a Thursday press release.

They plan to collaborate on AI server racks, AI accelerator systems, cooling technologies and data center infrastructure. The partnership will also target applications in smart manufacturing, smart cities, automotive and robotics.

In addition, the companies will explore custom chip design and system integration opportunities to support growing demand for AI technologies.