Huawei commits $10 billion to boosting computing power for smart driving

Huawei will ramp up investment in smart-driving research and development, including more than $10 billion over the next five years to boost computing power for training, a senior executive said on Thursday.

The ‌Chinese tech ⁠giant will ⁠invest 18 billion yuan ($2.6 billion) globally in smart-driving R&D this year, including 10 billion yuan on computing ​power, Jin Yuzhi, Huawei’s senior vice president, said at an event in Beijing ahead of China’s ​largest auto show, which opens on Friday.