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Lenovo will invest an additional $1 billion to speed up the deployment of artificial intelligence business

Shulou Source: shulou.com Published: 2023-11-24 17:30:15 11月14日 Update

Thanks to CTOnews.com netizens, South China Daniel Wu, Mr. Aviation and Xiao Zhanche for the delivery of the clues! CTOnews.com, June 14, Lenovo announced that it will invest $1 billion (CTOnews.com Note: currently about 7.16 billion yuan) over three years to expand infrastructure solutions to accelerate the deployment of artificial intelligence (AI) by global enterprises, including an additional $100 million (currently about 716 million yuan) to Lenovo AI innovators.

According to reports, the program has launched more than 150 cutting-edge AI-ready solutions jointly created by 45 leading independent software vendor (ISV) partners. The company says the program has served more than 150 cutting-edge AI-ready solutions covering all aspects of Lenovo's entire ecosystem.

"with our largest investment in AI ready infrastructure solutions, we are helping our customers overcome deployment complexity and unlock AI that can reach its full potential even at the edge. This major investment not only demonstrates our commitment to be the most trusted partner in the transformation of customer intelligence, but also promotes the development of AI technology, "Shen Xiaohui, president of Lenovo Asia Pacific and senior vice president of Lenovo Research, said in a statement.

CTOnews.com query found that Lenovo's AI Innovator program includes an ecosystem of the company's best software partners, providing customers with tailored, validated and immediately deployable AI solutions covering computer vision, audio recognition, prediction, security and virtual assistants for a variety of industries.

"in India, the huge potential of artificial intelligence deployment is obvious, thanks to the continuous development of digitization. Our investment in AI aims to simplify complexity and enable companies to take advantage of the power of AI on a large scale," Amit Luthra, general manager of Lenovo Research India, said in a statement.

The company said it was committed to supporting AI workloads everywhere and ensuring specially built performance for remote provisioning. "this announcement reinforces our commitment to strengthen Lenovo's AI portfolio, enabling industries such as retail, finance and manufacturing. Lenovo has the ability to help companies gain valuable insights by using AI on the edge of India," Lutra added.

In addition, the company mentioned that Lenovo expanded its comprehensive AI-ready infrastructure portfolio to more than 70 products, including the new AI optimized edge-to-cloud server platform, which can help address any AI workload. It is worth mentioning that Lenovo also achieved a record annual AI infrastructure revenue of more than $2 billion (currently about 14.32 billion yuan).