Samsung Electronics Co said on Wednesday it planned to invest $22 billion in artificial intelligence technology by 2020.

COMMERCIAL BREAK
SCROLL TO CONTINUE READING

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.

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)