Xiaomi to invest at least $8.7 billion in AI over next three years: CEO

ET Tech
Xiaomi to invest at least $8.7 billion in AI over next three years: CEO

Synopsis

Xiaomi to invest at least $8.7 billion in AI over next three years, CEO saysXiaomi will invest at least 60 ‌billion ⁠yuan ($8.70 ⁠billion) in artificial intelligence over next three years, ⁠CEO Lei ‌Jun said on Thursday.

His ⁠comment comes as ​the company ​announced its latest ‌AI model called ​MiMo-V2-Pro. ($1 = ​6.8998 ⁠Chinese yuan renminbi)
Originally published on ET Tech.
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