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Lenovo Invests $1B to Drive AI Integration for Enterprises, Commits $100M to AI Innovators Program

June 15, 2023
in Metaverse
Reading Time: 3 mins read
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Unveiling the subsequent section of its development technique, Lenovo has introduced that it is going to be investing $1 billion over the subsequent three years to drive AI deployment for companies around the globe. This comes as the corporate information $2 billion in AI infrastructure income.

Lenovo Invests $1B to Drive AI Integration for Enterprises, Commits $100M to AI Innovators Program

Printed: 15 June 2023, 2:00 pm Up to date: 15 Jun 2023, 10:46 am

The funding goals to additional increase the corporate’s AI-ready portfolio of sensible gadgets, infrastructure options and providers to allow the usage of generative AI and assist its prospects make cognitive selections at scale all through distant places throughout monetary, manufacturing, healthcare, retail and sensible metropolis functions.

As a part of the funding, Lenovo is committing US$100 million to develop the Lenovo AI Innovators program. This system has already delivered over 150 turnkey options created with 45 main ISV companions in its first yr to assist companies implement generative AI and immersive metaverse simulations. A few of the options constructed with the AI Innovators Program Daylight.io, WaitTime, and Smartia.

Leveraging the AI Innovators’ end-to-end ecosystem, the brand new options purpose to assist prospects swiftly deploy and make the most of cutting-edge AI capabilities corresponding to generative AI, laptop imaginative and prescient, voice AI, and digital assistants.

“Constructing on our greater than 150 AI options, this pivotal funding additional expands the event of AI-ready infrastructure options that can assist prospects overcome deployment complexities and extra simply implement AI to ship transformative providers and merchandise to the market,” Kirk Skaugen, President of Lenovo Infrastructure Options Group, mentioned in an announcement.

The Lenovo AI Innovators program contains an ecosystem of industry-leading companions together with Nvidia, Intel and DeepBrain AI, to assist prospects extract worth from their knowledge. As an illustration, Lenovo incorporates NVIDIA’s high-speed computing platform, delivering the quickest time to options in varied {industry} sectors, all whereas minimizing whole value of possession.

In collaboration with DeepBrain AI, Lenovo is introducing an end-to-end answer for generative AI digital assistants. These assistants may be paired with highly effective giant language fashions (LLMs) to supply round the clock automated concierge providers in retail and hospitality environments.

Lenovo has lately launched its AI Uncover Middle of Excellence, which supplies its enterprise shoppers entry to Lenovo knowledge scientists, AI architects and engineers to assist discover, deploy and scale AI options ethically.

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Tags: 100MCommitsDriveEnterprisesInnovatorsIntegrationinvestsLenovoProgram
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