Samsung to invest $ 22 b in AI by 2020

San Francisco (Reuters): Samsung Electronics Co said on Wednesday it planned to invest $22 billion in artificial intelligence technology by 2020.

Speaking at its developers conference in San Francisco, Samsung’s Head of AI Eui Suk Chung, also said the company will hire a thousand employees to work on the technology in the same period.

Samsung is expected to launch its much-anticipated foldable phone to developers at the conference later on Wednesday.