Chinese smartphone maker Honor is investing $10 billion over the next five years to develop artificial intelligence (AI) technology for its devices, aiming to expand into AI-powered PCs, tablets, and wearables. The move comes as Honor prepares for a public listing and seeks to capitalize on China’s growing AI investment boom. With the increasing competition from Huawei and Vivo, Honor is looking to boost its market share by leveraging AI advancements.
Source: https://www.reuters.com/technology/artificial-intelligence/chinas-honor-announces-10-billion-investment-ai-devices-2025-03-02