Huawei will spend $ 200 million on the development of artificial intelligence

The Chinese company Huawei Technologies will invest about $ 200 million to the program for the development of artificial intelligence. This was stated by Vice-President of the IT organization Zheng Ely at the conference Huawei Connect.

The estimated amount of the investment in the development of artificial intelligence at the moment is 199 million dollars. The budget should cover the cost of IT organizations for the next three years. President of Huawei Technologies said that the invested money will be used not only for scientific activity and study of systems in the field of AI at major universities but also for training specialists and developers. In addition, the company plans to launch several training centers for developers and scientists, as well as to organize free courses on this topic. They will be available for playing online.

In addition to Huawei Technologies, the development of artificial intelligence will be engaged in the United States. So, in the next five years, the U.S. Department of defense will spend up to 585 million dollars to Fund programs related to the field of AI.

Clifton Nichols

Clifton Nichols

Hi! I’m Clifton and I am a full-stack engineer with a passion for building performant and scalable applications that are beautiful and easy to use.

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