Lenovo, the world’s leading PC maker, has announced its ambitious plan to deliver artificial intelligence (AI) solutions for individuals and enterprises of all sizes, from pocket to cloud. The company unveiled its comprehensive AI vision, dubbed ‘AI for All’, at its 9th annual global innovation event, Tech World, held in Austin, Texas.
Lenovo’s AI Revenue Growth
Lenovo reported a 3% year-on-year increase in revenue in the December quarter, reaching a better-than-expected US$15.7 billion. This was the first quarterly revenue growth for the company since late 2022, amid a recovery in global demand for PCs and smart devices. Lenovo’s net income attributable to shareholders fell 23% to US$337 million, which was below analysts’ average estimate of US$309 million.
The company attributed its revenue growth to its strong performance in its core PC and smart device business, as well as its emerging businesses in smart infrastructure, smart solutions, and smart services. Lenovo also said it invested US$1 billion in AI innovation as part of its commitment to unleashing the power of AI for intelligent transformation in every aspect of our lives and every industry.
Lenovo’s AI Portfolio
At Tech World, Lenovo showcased its most comprehensive AI portfolio to date, covering a wide range of devices, infrastructure, solutions, and services that support AI applications. The company said it aims to create inclusive offerings and solutions tailored to individuals and organizations of all sizes with personalized, tailored knowledge while protecting privacy and data security.
Some of the highlights of Lenovo’s AI portfolio include:
- Lenovo AI Workstation: A powerful workstation that enables users to run generative AI tasks locally, such as image editing, video editing, and 3D modeling. The workstation is powered by AMD Ryzen Threadripper processors and NVIDIA GeForce RTX graphics cards and comes with Lenovo’s AI software suite, which includes tools for data preparation, model training, and model deployment.
- Lenovo AI Edge: A series of edge computing devices that enable AI inference at the edge, such as facial recognition, object detection, and natural language processing. The devices are designed to be compact, rugged, and energy-efficient and can be deployed in various scenarios, such as retail, manufacturing, and healthcare. The devices are powered by Qualcomm Snapdragon processors and Microsoft Azure IoT Edge services and support various AI frameworks, such as TensorFlow, PyTorch, and ONNX.
- Lenovo AI Cloud: A cloud-based platform that provides AI services and solutions for enterprises, such as data analytics, machine learning, and computer vision. The platform is built on Lenovo’s ThinkSystem and ThinkAgile servers, which are optimized for AI workloads, and leverages NVIDIA’s GPU Cloud and AMD’s ROCm software. The platform also integrates with various cloud providers, such as Microsoft Azure, Amazon Web Services, and Google Cloud Platform, and supports various AI frameworks, such as TensorFlow, PyTorch, and ONNX.
- Lenovo AI Services: A suite of professional services that help customers design, implement, and manage their AI projects, from strategy to execution. The services include AI consulting, AI solution development, AI training, and AI support. The services are delivered by Lenovo’s AI experts, who have extensive experience and knowledge in various AI domains, such as computer vision, natural language processing, and machine learning.
Lenovo’s AI Vision
Lenovo’s chairman and CEO, Yang Yuanqing, shared the company’s vision of ‘AI for All’ at Tech World and explained how Lenovo is taking a dynamic approach to hybrid AI, where public, private, and personal foundation models will co-exist to enable AI for All.
“Looking ahead, our commitment to AI innovation, our pocket-to-cloud computing capabilities, and our full-stack portfolio of smart devices, smart infrastructure, smart solutions, and smart services, combined with our partnerships with other key leaders in AI, will ensure that we are well-positioned to capture the tremendous opportunities in AI,” Yang said.
Yang also emphasized that Lenovo’s AI solutions are designed to be secure and privacy-preserving and that Lenovo AI can operate exclusively within a device or securely with on-premises servers without sharing any information publicly or entering open training data sets.
“Not only is this more secure, but the results can be more powerful and personalized,” Yang said.
Yang was joined on stage by leaders from Lenovo’s global partners, including NVIDIA founder, president, and CEO, Jensen Huang; AMD chair and CEO, Dr. Lisa Su; and Formula 1® president and CEO, Stefano Domenicali. Microsoft chairman and CEO Satya Nadella, Qualcomm CEO and president Cristiano Amon, and Intel CEO Pat Gelsinger joined Tech World via video link.
The partners praised Lenovo’s AI vision and innovation and shared how they are collaborating with Lenovo to deliver AI solutions for various industries and applications, such as gaming, education, healthcare, and sports.
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