In a follow-up to its 2013 plan to back 100 startups, Xiaomi to invest ~$1.5B in "AIoT", IoT devices enhanced by AI via Xiaomi's platform, over the next 5 years (Rita Liao/TechCrunch)


Rita Liao / TechCrunch:
In a follow-up to its 2013 plan to back 100 startups, Xiaomi to invest ~$1.5B in “AIoT”, IoT devices enhanced by AI via Xiaomi’s platform, over the next 5 years — Xiaomi, the Chinese company best known for budget phones, is betting big on a future of connected homes.
In a follow-up to its 2013 plan to back 100 startups, Xiaomi to invest ~.5B in "AIoT", IoT devices enhanced by AI via Xiaomi's platform, over the next 5 years (Rita Liao/TechCrunch)
Source: Tech Meme