Samsung is set to invest a total of about USD 161 billion over the next three years, USD 22 billion of which will be allocated for four new growth areas: AI (Artificial Intelligence), biopharmaceuticals, 5G mobile network technology, and electronic components for future cars, the China Times reported on August 9. This three-year plan will cover Samsung's R&D plans for the semiconductor and display businesses, as well as capex (capital expenditures), and will likely to create 40,000 new jobs, including the expansion of its AI R&D team to over 1,000. In addition, Samsung opened new AI R&D centers in Cambridge, Toronto and Moscow in May this year. By 2020, the company expects all of its devices to have built-in AI and Internet access. This is the conglomerate's largest investment plan since 2010 when it announced a 10-year USD 20 billion investment plan for medical devices and rechargeable vehicle battery.