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Lenovo speeds up AI programs as infrastructure revenues hit record $2bn

The Japanese group has announced an ambitious US$1 billion extra investment into AI infrastructure which will target data centres and services.

By João Marques Lima

Founder and Editor, The Tech Capital

2 Mins

June 19, 2023 | 1:21 AM BST

Lenovo speeds up AI programs as infrastructure revenues hit record $2bn

Kirk Skaugen, President of Lenovo Infrastructure Solutions Group. Source: Lenovo

The Tech Capital

Lenovo (HKSE: 992) (ADR: LNVGY) said it will invest an additional US$1 billion investment over three years to accelerate artificial intelligence (AI) deployments.

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João Marques Lima

Founder and Editor, The Tech Capital

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