TL;DR:
- Lenovo announces a record annual AI infrastructure revenue of over $2 billion.
- A $1 billion investment over the next three years will accelerate the global deployment of AI for businesses.
- Lenovo focuses on delivering AI capabilities at the source of data and expanding its AI-ready portfolio of smart devices, infrastructure solutions, and services.
- The Lenovo AI Innovators program receives $100 million to develop AI solutions in collaboration with independent software vendors.
- The investment aims to empower customers in deploying advanced AI capabilities like Generative AI, computer vision, voice AI, and virtual assistants.
- Lenovo extends its AI-ready infrastructure portfolio to over 70 products, including optimized edge-to-cloud server platforms.
- Lenovo implements AI across a range of smart devices and solutions, enabling data science accessibility in the new hybrid and remote work era.
Main AI News:
In a bold move to bolster the adoption of artificial intelligence (AI) in businesses worldwide, Lenovo (HKSE: 992) has announced a momentous milestone of surpassing $2 billion in annual revenue from AI infrastructure. Building on this success, the company is committing a staggering $1 billion investment over the next three years, propelling the global deployment of AI to new heights.
Lenovo’s unwavering commitment to AI stems from the ever-increasing digitalization across the globe and the pressing need for robust IT infrastructure upgrades. Recognizing the transformative potential of AI, the company is revolutionizing data processing by bringing AI capabilities directly to the source of data. Leveraging its extensive network of strategic partners, Lenovo is spearheading the development of ready-to-deploy solutions that enable intelligent computing at the edge.
The impact of this monumental investment will reverberate throughout Lenovo’s extensive AI-ready portfolio, encompassing a wide array of cutting-edge smart devices, infrastructure solutions, and services. By expanding this portfolio, Lenovo is poised to empower businesses across industries to harness the power of AI and propel their intelligent transformation.
As part of the $1 billion investment initiative, Lenovo has committed $100 million to nurture and foster the growth of the Lenovo AI Innovators program. Within just one year, this program has collaborated with 45 independent software vendors, resulting in the development of over 150 AI solutions. These solutions are instrumental in assisting customers in swiftly deploying and leveraging advanced AI capabilities such as Generative AI, computer vision, voice AI, and virtual assistants.
“With the goal of becoming the world’s leading end-to-end infrastructure solutions provider, Lenovo is resolutely dedicated to being the trusted partner that empowers our customers’ intelligent transformation,” emphasized Kirk Skaugen, President of Lenovo Infrastructure Solutions Group. By bringing AI directly to the source of their data, at the edge, Lenovo aims to revolutionize the way businesses operate and drive their growth.
Lenovo’s commitment to AI extends beyond infrastructure alone. The company is steadfast in its pursuit of implementing AI innovations across the entire spectrum, from pocket-sized devices to the vast expanse of the cloud. By offering cutting-edge smart devices and solutions, Lenovo ensures that the power of data science and AI is accessible across all industries, regardless of their unique demands in the new era of hybrid and remote work.
Lenovo’s expansive portfolio of AI-ready infrastructure is now set to exceed 70 products, featuring the latest AI-optimized edge-to-cloud server platforms. Notable additions to this portfolio include the Lenovo ThinkEdge SE360 V2 and ThinkEdge SE350 V2, along with the Lenovo ThinkSystem SR675 V3. These server platforms are specifically engineered to tackle the most demanding AI workloads and enable real-time inferencing at the edge.
Conclusion:
Lenovo’s substantial investment of $1 billion to accelerate AI deployment signifies a significant step toward revolutionizing the market. By focusing on delivering AI capabilities at the source of data and expanding its AI-ready portfolio, Lenovo is positioning itself as a trusted partner for businesses in their intelligent transformation journey. The commitment to developing AI solutions in collaboration with independent software vendors and extending the AI-ready infrastructure portfolio showcases Lenovo’s dedication to empowering customers with cutting-edge technology. This strategic move will not only drive the adoption of AI but also shape the future of enterprise transformation, unlocking new levels of productivity, efficiency, and innovation in the digital landscape.
