Foxconn Technology Group, the world’s largest electronics manufacturer controlled by Taiwanese billionaire Terry Gou, has invested $10 million in Hong Kong-based robot startup Robocore Technology. Formally known as Hon Hai Precision Industry, the Taiwanese electronics giant is said to be in talks with U.S. AI chip behemoth Nvidia to deploy humanoid robots at a factory in Houston to produce Nvidia AI servers. Robocore sells robots for industries from healthcare to education, hospitality, property management and exhibition in 33 countries, including the U.S., China, Japan, South Korea and Spain. Founder Roy Lim says “We are the only company that successfully deployed the [multi-robot] platform…when companies buy robots nowadays, they issue multi-million dollar tenders that involve multiple robot brands, so joining our platform allows them to win big tenders.” Lim said Robocore will use the proceeds to manufacture 30,000 robots for nursing homes in the U.S., while expanding into Japan’s elderly homes and China’s households of elderly who live alone. “In America, each trip from the nursing home to the hospital could cost $1,200 because of the ambulance cost,” said Lim. “This money is actually paid by the insurance companies. So instead of paying all these expensive transportation costs, the insurance companies now pay us $30 each time when we promote a doctor seeing a patient through our robot.” He added that Robocore generated $1.8 million in revenue just from the telemedicine services of its 130 bots at New York’s nursing homes last year.