Samsung to invest $22 billion in AI by 2020

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.

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