Huawei to invest $11.7 billion to boost semi-autonomous driving computing power in mainland China
The company will ramp up Qiankun ADS development, expand mainland partnerships and intensify domestic competition with Tesla’s FSD technology
Huawei Technologies plans to invest up to 80 billion yuan ($11.7 billion) over the next five years to increase computing power for training and testing semi-autonomous cars, as it seeks to retain its lead in supplying smart driving systems in mainland China.
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