Xiaomi will invest $ 1.5 billion in artificial intelligence and smart devices



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Xiaomi officially announced its intention to further develop not only the direction of mobile devices, but also to invest in various industries, with the exception of the automobile and real estate .

The Bloomberg edition, referring to reputable informants, claims that Xiaomi intends to invest at least $ 1.5 billion over five years in the development of smart devices and systems. artificial intelligence, as well as in the development of the concept of Internet of Things. In an interview with Bloomberg TV, Executive Director Xiaomi Lei Jun said the company was actively working to create a global ecosystem of intelligent and networked objects.

In particular, a personal assistant of XiaoAI, which looks a lot like the interface and features of Google Assistant. It is suggested that the company add additional languages ​​to XiaoAI, which will make this personal assistant much more popular in all areas where Xiaomi devices are sold.

Observers noted that their price had dropped since the start of Xiaomi's sales last July. about 40%, although the company itself has recorded a sharp increase in sales in 2018.

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