Xiaomi to invest $7 billion in 5G, AI and IoT over next 5 years
BEIJING (Reuters) – Chinese smartphone maker Xiaomi Corp will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation internet technologies over the next five years, as competition in the sector grows. Xiaomi Chief Executive Lei Jun made the announcement in a letter posted on the company’s social media …
News story posted on 2020-01-02T08:51:00.0000000Z
