Chinese smartphone maker Honor is betting big on artificial intelligence, pledging $10 billion over five years to develop a device-centric AI ecosystem. The company, which spun off from Huawei, aims to expand its offerings beyond just phone manufacturing. Local government entities, display manufacturer BOE Technology Group, and two major mobile carriers are among the investors backing this initiative.
Source: https://www.bloomberg.com/news/articles/2025-03-02/honor-pledges-10-billion-for-ai-to-be-more-than-a-phone-maker