Industry
Huawei to spend up to 80 billion yuan on self-driving computing over five years
Huawei will invest up to 80 billion yuan over the next five years to expand computing capacity needed to train and test self-driving cars. The spending aims to improve reliability of vehicles using its Qiankun ADS advanced driver-assistance system and to add more customers. An executive said Huawei plans to allocate 18 billion yuan to autonomous driving R&D in 2026. Qiankun ADS has surpassed 10 billion km in cumulative autonomous driving distance.