Foxconn Technology Group has donated $100 million to the University of Wisconsin-Madison in a partnership to help research, establish another office for the College of Engineering and to make a research foundation on its manufacturing grounds in Mount Pleasant.
The organization’s agreement with UW-Madison will bolster research in designing, information and software engineering, and human health, including genomics and medical imaging technology for treating malignancy.
It likewise gives subsidizing to research into artificial intelligence, propelled by remote interchanges frameworks and the organization’s goals screens.
Foxconn administrator and organizer Terry Gou and UW-Madison Chancellor Rebecca Blank reported the partnership Monday morning amid a news meeting in Madison.
The majority of Foxconn’s $100 million present will go toward another interdisciplinary research focus at 1410 Engineering Drive on the UW-Madison grounds.
The Foxconn venture is to be coordinated by the college through raising support endeavors and will likewise subsidize the production of the Foxconn Institute for Research in Science and Technology that will be situated at the organization’s Wisconn Valley Science and Technology Park in Mount Pleasant.
Furthermore, it has propelled a three-year, $1 million Smart Cities, Smart Futures challenge that gives grants and monetary rewards to college understudies all through the state who submit recommendations for mechanical undertakings in lodging, office effectiveness, correspondences, and different points.
Foxconn authorities have said they might want to have Wisconsin turned into a technology focus to some degree like California’s Silicon Valley.
“At Foxconn, we see our part as being a noteworthy financial specialist in Wisconsin, as well as a long haul accomplice to the nearby network,” Gou said. “This incorporates advancing a living situation that supports and empowers Wisconsin’s gifted workforce, enabling them to tap the tremendous open doors that Wisconn Valley brings to the table.”
“Our cooperation will unite a portion of the world’s driving researchers, doctors and specialists to drive propel in technology and science while encouraging the ability pipeline that will help assemble Wisconsin’s future,” Blank said.