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Lei Jun: Xiaomi to Pump RMB60B+ in AI within 3 Yrs
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Lei Jun, the founder and chairman of XIAOMI-W (01810.HK), remarked at the spring new product launch that Xiaomi is actively embracing AI with plans to invest over RMB60 billion in the AI sector over the next three years, Chinese news broke.

Lei earlier posted on social media that this year's R&D and capital investment in AI will exceed RMB16 billion. He believed that Xiaomi will deliver an impressive performance in the AI era with continuous investment.

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