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Xiaomi Lei Jun: RMB5.5B Invested in Smart Driving R&D in Past 3 Yrs
XIAOMI-W (01810.HK) Chairman and CEO Lei Jun demonstrated the company's latest R&D achievement, namely the “parking space to parking space” end-to-end intellige...
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Xiaomi Lei Jun: RMB5.5B Invested in Smart Driving R&D in Past 3 Yrs
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XIAOMI-W (01810.HK)  +0.150 (+0.539%)    Short selling $897.38M; Ratio 27.208%   Chairman and CEO Lei Jun demonstrated the company's latest R&D achievement, namely the “parking space to parking space” end-to-end intelligent driving technology, through a live broadcast platform.

Lei emphasized in the live broadcast that Xiaomi's R&D investment in intelligent driving technology over the past three years aggregated RMB5.5 billion.

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He also pointed out that Xiaomi's end-to-end intelligent driving technology foundation model has learned 3 million video clips, with a plan to upgrade to 10 million by the end of the year to further enhance the accuracy and reliability of the technology.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-11-15 16:25.)

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