Xiaomi’s $8.7 Billion AI Investment Plans Revealed

Chinese tech giant Xiaomi, known for smartphones, is set to invest over three years in AI, emphasizing the need for companies to adapt to the “new era.” Xiaomi will be investing a significant amount, possibly targeting cutting-edge AI technologies according to founder Lei Jun. Xiaomi, expanding into electric vehicles, tablets, and home appliances, is now venturing into the AI market with a bold investment strategy for the next three years. “Individuals and companies all need to actively embrace this AI era,” Lei Jun emphasized at the launch event. Xiaomi unveiled its latest AI models during the launch event, showcasing technological…