Lenovo AI-Infused Phones and Computers to Arrive
In a recent announcement, global technology giant Lenovo reported its first quarter results for the fiscal year 2023/24, showcasing robust performance with revenue totaling 90.3 billion yuan and a net profit of 1.33 billion yuan for the quarter. The company’s CEO, Yang Yuanqing, took the opportunity to share his insights on the profound impact of artificial intelligence (AI) on the tech landscape, highlighting upcoming innovations in the field.
Yuanqing emphasized the pivotal role of AI in driving the evolution of smart devices, including the imminent emergence of AI-infused phones and computers. According to him, the anticipated wave of Artificial Intelligence and Generative Computing (AIGC) will be instrumental in pushing the boundaries of technological advancement. He predicted that the market would witness the debut of AI-enabled phones and computers as early as the next year.
Lenovo’s perspective on AI computers goes beyond the conventional, envisioning them as a fusion of terminal, edge computing, and cloud technologies. This hybrid approach is strategically designed to cater to the demands of emerging AI workloads, shaping the future of computing technology.
Notably, Yang Yuanqing’s assertions align with recent statements made by Intel CEO Pat Gelsinger. Gelsinger revealed that Intel’s upcoming Meteor Lake 14th Gen Core processors are poised to usher in an era of AI-powered PCs. Industry sources suggest that Lenovo is expected to be at the forefront of this transition, possibly becoming the first to introduce the latest Intel-based AI PCs.
In an internal letter released after the earnings announcement, Yang Yuanqing unveiled ambitious plans for the future. Lenovo plans to invest over 7 billion yuan over the next three years to expedite the global deployment of AI technology and applications. This significant investment underscores Lenovo’s commitment to harnessing AI’s potential and driving innovation across its product portfolio.
As Lenovo continues to push the boundaries of technology and reshape the computing landscape, the convergence of AI, smart devices and next-gen processors promises to unlock new realms of possibility. With its substantial investments and pioneering vision, Lenovo appears primed to lead the charge in realizing the potential of AI-powered computing in the years to come.