Xiaomi will invest more than 50 billion yuan ($7.18 billion) in artificial intelligence and fifth generation Internet technologies over the next five years, as competition in the sector grows.
source https://gadgets.ndtv.com/mobiles/news/xiaomi-to-invest-usd-7-billion-in-5g-ai-and-iot-over-next-5-years-2157718
source https://gadgets.ndtv.com/mobiles/news/xiaomi-to-invest-usd-7-billion-in-5g-ai-and-iot-over-next-5-years-2157718
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