Xiaomi to invest at least $8.7 billion in AI over next three years: CEO

March 22, 2026

Xiaomi to invest at least .7 billion in AI over next three years: CEO

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Xiaomi to invest at least $8.7 billion in AI over next three years, CEO says

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)

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