Xiaomi's answer to Alexa is a $45 smart speaker

Xiaomi's Mi division, which sells some accessories in the US but still no phones, is getting into smart speakers. It just unveiled the Mi AI Speaker, its equivalent to Amazon's Alexa, Google Home and other personal assistant-type models. However, it play music and take voice commands for a lot less, costing just 299 RMB or around $45 when it hits shelves in China starting next month. It features "high-quality" sound and a six microphone array to detect voice commands from any direction and distance like its rivals. More importantly, it has artificial intelligence built-in, so you can order it to play streaming music and act as a personal assistant, giving you weather, calendar reminders, news and so on.