Economy Country March 03, 2025

Honor to Invest $10 Billion in AI Development

Honor's CEO James Li announced that the company will invest $10 billion over the next five years to develop artificial intelligence tools.


Honor to Invest $10 Billion in AI Development

The main executive director of the Honor smartphones company from China, James Li, announced on Sunday that the company plans to invest 10 billion dollars over the next five years in the development of artificial intelligence technology. "We are preparing to invest over 10 billion dollars in research and development in the field of artificial intelligence to improve user experience and increase business effectiveness," Li said in an interview for a television program. Additionally, he also pointed out that the company will work on integrating 5G technology into its products in order to satisfy the growing demand for high-speed mobile internet worldwide. "We see tremendous potential in 5G technology, so we are focusing our efforts on the integration of this technology in our devices," Li emphasized.