Huawei Pledges 7-8 Billion Euros for Vehicle AI Compute Power
Huawei plans to invest 7 to 8 billion euros in computing power research and development over the next five years. The company expects its intelligent vehicle computing power to grow more than 20-fold by 2026.
Huawei has announced a substantial investment in artificial intelligence capabilities for the automotive sector. The company intends to allocate between 7 and 8 billion euros (70 to 80 billion Chinese yuan) to computing power research and development over the coming five years, aiming to advance its Qiankun intelligent vehicle solutions.
Jin Yuzhi, CEO of Huawei's Intelligent Automotive Solution Business Unit, stated at a media event in Shenzhen that the computing power for Huawei's intelligent vehicles is projected to increase by over 20 times by 2026. He emphasized the critical role of computational power in the development of autonomous driving technology.
The company noted that while it took 44 months to equip the first million vehicles with Huawei Qiankun intelligent driving systems, the second million are expected to be equipped in just 12 months. Similarly, the HarmonyOS cockpit reached one million installations in approximately 42 months, with the next million anticipated within 15 months.
Addressing concerns about mileage figures for driver assistance systems continuing to update offline, Jin Yuzhi explained that data is smoothed during display to prevent issues from network latency or degradation. He affirmed the accuracy and reliability of the data and urged competitors to present similar factual information to users.