Chinese multinational technology company Lenovo has announced its plans to invest $1 billion over three years in the expansion of infrastructure solutions to accelerate the artificial intelligence (AI) deployment for businesses around the world.

Fueled by record revenue of over $2 billion, increased digitalization, and demand for IT infrastructure upgrades, Lenovo said in a statement that is focused on simplifying the complex implementation of new AI capabilities by delivering AI to the source of data, harnessing its vast network of best-in-class partners to build next-generation turnkey solutions enabling edge intelligence.

This announcement marks Lenovo’s largest AI infrastructure investment in history and will expand the company’s industry-leading AI-ready portfolio of smart devices, infrastructure solutions and services to help accelerate innovation, enabling the use of generative AI and delivering cognitive decisions at scale throughout remote locations across financial, manufacturing, healthcare, retail and smart city applications.

Lenovo’s investment strategy includes an additional $100 million commitment to the expansion of the Lenovo AI Innovators program.

The program has already delivered a record 150+ cutting-edge AI-ready solutions created with 45 leading ISV partners across its end-to-end ecosystem.

Developed within just one year of the program’s launch, the solutions bring AI from the lab to scale and enable dramatic technology shifts within high-growth sectors.

Leveraging AI-ready solutions, customers can more rapidly deploy and leverage cutting-edge AI capabilities, like generative AI, computer vision, prediction, and virtual assistants.

“Lenovo’s commitment to the future of AI is unwavering. With our largest-ever investment in AI-ready infrastructure solutions, we are empowering our customers to overcome deployment complexities and unlock the full potential of AI, even at the edge,” said Sumir Bhatia, President (Asia Pacific), Lenovo ISG.

According to him, this significant investment not only demonstrates the firm’s dedication to being the most trusted partner in its customers’ intelligent transformation journey but also fuels innovation in AI technology.

“We are proud to stand at the forefront of AI infrastructure, providing transformative services and products that shape the future,” he added.

It is noted that the Lenovo AI Innovators program includes an ecosystem of best-in-class software partners collaborating with Lenovo to provide customers with tailored, proven, and ready-to-deploy AI solutions for their end-to-end operations, including computer vision, audio recognition, prediction, security, and virtual assistants for every industry.

“We believe in the power of collaboration and the strength of partnerships,” said Lenovo ISG Regional General Manager and Managing Director (Central Asia Pacific) Kumar Mitra.

“Through our expanded AI Innovators program, we are actively seeking to partner with independent software vendors (ISVs) and startups to accelerate the journey of bringing AI innovations from the lab to scale,

“Together, we aim to unlock new possibilities and drive positive industry transformation,” he added.

Listed in Hong Kong, Lenovo is a $70 billion revenue global technology powerhouse, employing 82,000 people around the world, and serving millions of customers every day in 180 markets.

Focused on delivering smarter technology for all, the firm has built on its success as the world’s largest personal computer (PC) company by further expanding into key growth areas including server, storage, mobile, solutions and services.

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