Huawei plans to spend up to $11.7B over five years to boost compute for training and testing autonomous cars, with ~$2.64B for autonomous driving R&D in 2026 (Daniel Ren/South China Morning Post)
Huawei earmarking $11.7B over five years for compute infrastructure, with ~$2.64B in 2026 specifically for autonomous driving training and testing, signaling major capex commitment to AV R&D.
Excerpt
<a href="https://www.scmp.com/business/china-business/article/3351242/huawei-doubles-down-autonomous-driving-earmarking-us117b-autopilot-training"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260424/i19.jpg" vspace="4" /></a>
<p><a href="http://www.techmeme.com/260424/p19#a260424p19" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Daniel Ren / <a href="http://www.scmp.com/">South China Morning Post</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.scmp.com/business/china-business/article/3351242/huawei-doubles-down-autonomous-driving-earmarking-us117b-autopilot-training">Huawei plans to spend up to $11.7B over five years to boost compute for training and testing autonomous cars, with ~$2.64B for autonomous driving R&D in 2026</a></b></span> — Company claims it will outspend all rivals combined to boost computing power, which is essential to enhance advanced driving systems</p>
Read at source: http://www.techmeme.com/260424/p19#a260424p19