Xiaomi to invest at least $8.7 billion in AI over next three years, CEO says
FILE PHOTO: Xiaomi founder and CEO Lei Jun speaks at the Chinese smartphone maker's launch event in Beijing, China May 22, 2025. REUTERS/Florence Lo/File Photo
BEIJING, March 19 : Xiaomi 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)