Chinese Company Honor Pledges to Invest $10 Billion in AI over the Next 5 Years
Key Takeaways
- Chinese mobile company Honor has promised to invest over $10 billion in AI over the next 5 years.
- The company, which has primarily focused on mobiles so far, now wants to focus on developing an AI ecosystem consisting of a variety of devices.
- The company has also planned to join hands with Google to further its AI initiatives.
Chinese mobile company Honor has promised to invest over $10 billion in developing AI for its devices over the next 5 years.
The company has highlighted three major investment areas:
- Infusing AI into hardware
- Creating a next-gen AI assistant
- Creating a platform for a wide array of AI devices, including those from other companies
This is not limited to our own devices, but also AI devices from different partners, so the different kinds of AI devices can talk to each other, and consumers can have more choices and seamless experiences – Honor spokesperson
A small percentage of the money will also be used to prepare for the AGI era. The company did not specify how exactly this money will be used, though.
The announcement was made on Sunday by CEO James Li at the Mobile World Congress (MWC) trade show in Barcelona. The company had focused on mobile phones forever, but it now wants to shift focus towards creating an AI ecosystem consisting of multiple types of devices, such as PCs, tablets, and wearables.
Apart from this, the company also wants to expand its roots outside of China.
Collaborating with Google
In addition to its independent pursuits, Honor has also decided to join hands with Google on its AI journey. It’ll be working closely with tech giant Google and chip designer Qualcomm to create its new AI agents – the ones we talked about above. These agents, by the way, will be built on the same technology as Google Gemini.
Honor is keen to make its AI smarter than most of its contemporaries. The company showed a live demo in which the AI agent was given some dietary preferences and restrictions and was asked to make a reservation. And it passed with flying colors.
However, the company hasn’t yet specified an exact timeline for the release.
A US-China Tie
The timing of this collaboration is particularly interesting, seeing as Google is an American company and Honor is a Chinese company. Both countries have been involved in a tech war for quite some time now.
Google hasn’t collaborated much with Chinese companies so far. But looks like it’s about to break this status quo with Honor.
On a related note, Honor has also made a 7-year commitment to use the Android operating system in its upcoming Magic series phones. Although this isn’t a direct collaboration, Google is the creator of Android, and after Samsung and Xiaomi, Honor is on its way to becoming the next frontline user of this OS.
A win-win for both companies? It certainly looks to be the case.
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View all articles by Amy Clark
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