Lenovo Vows New $1B Investment In AI As PC Slump Drags Revenue

Building upon a foundation of existing AI products and capabilities, Lenovo plans to spend $1 billion on new AI devices, infrastructure and solutions over the next three years as the Chinese IT giant continues to deal with “unfavorable macroeconomic conditions” that has caused a large slump in PC sales and a smaller one in server sales.

Lenovo Vows New $1B Investment In AI As PC Slump Drags Revenue
Building upon a foundation of existing AI products and capabilities, Lenovo plans to spend $1 billion on new AI devices, infrastructure and solutions over the next three years as the Chinese IT giant continues to deal with “unfavorable macroeconomic conditions” that has caused a large slump in PC sales and a smaller one in server sales.