Tech Insider: Xiaomi Joins AI Model Fray, Wafer Foundry to Get State Investment

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On Aug. 15 at a Xiaomi store in Shanghai, consumers look at Xiaomi's newly launched foldable smartphone. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

Xiaomi jumps into the AI model fray

Xiaomi Corp. has been developing and testing its new artificial intelligence (AI) model on its mobile devices as the smartphone-maker seeks to get ahead in developing the technology used to power tools like ChatGPT.

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