Using Nvidia chips and software, Taiwan’s Foxconn, the world’s largest contract manufacturer, will build artificial intelligence data factories for products such as self-driving cars, the companies announced on Wednesday.

At Foxconn’s annual Tech Day in Taipei, Foxconn Chairman Liu Young-way and Nvidia CEO Jensen Huang shared the stage and said they were collaborating on AI factories.

Huang explained that the self-driving cars would collect data from their life experience and send it to the AI factory, where the software would be improved and updated for the whole fleet of AI cars.

“This is the end-to-end system that Nvidia and Foxconn are building: an AI factory on one end and an EV fleet on the other,” he said.

Nvidia’s shares have soared in 2023, making the company worth more than $1 trillion, as investors are excited about the key role of its chips in AI applications. Foxconn, the main assembler of Apple’s iPhones, wants to achieve the same success it had in making personal computers and smartphones as it ventures into EVs and other fields.

Liu, standing next to Huang, said Foxconn is “trying to transform itself from a manufacturing service company to a platform solution company,” and mentioned smart cities and smart manufacturing as some of the other areas where it will use AI factories. He added: “Now I know what can power and what can make these smart platforms happen.”