![]() Xiaomi Will Invest Billion In 5G, AI, And IoT Over Next 5 Years.png (54.4 KB, Downloads: 71) 2020-01-03 00:55:48 Upload Hello Mi Lovers, Greetings from Mi Community Bangladesh Tech Team.The announcement was made by Xiaomi Chief Executive, Lei Jun, who posted a letter on the company’s social media account. However, Jun didn’t provide the specific investment details. It was earlier last year when Xiaomi announced that it plans to invest over 10 billion yuan in artificial intelligence and the Internet Of Things (IoT) over the course of the next five years. We need to turn our continuous advantage we have in AIoT and intelligent life into absolute victory in intelligent full scene, and completely cement our king status in the smart era,” Lei said, using the acronym for artificial intelligence of things, a reference to a combination of AI and internet technologies. The announced investment increases Xiaomi’s pledge made last year to invest 10 billion yuan over five years in an “All in AIoT” strategy. Source:1,2 Related thread:
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