Xiaomi held its 2018 annual meeting on February 7. Company founder Lei Jun said 2017 was "the year of the reverse and breakthrough”. In October 2017, Xiaomi’s revenue exceeded 100 billion yuan ($15.88 billion). It took Xiaomi seven years to reach this level, which could be compared to Alibaba, Tencent and Huawei.

Malaysia Digital Economy Corporation (MDEC) and Dewan Bandaraya Kuala Lumpur (DBKL) announced plans to introduce Alibaba Cloud ET City Brain. Artificial intelligence will be fully applied to the Malaysia transportation management, urban planning, environmental protection and other fields. In the first phase, AI will be applied to 281 road crossings in Kuala Lumpur.