Lenovo to ramp up investment in artificial intelligence - Business - Chinadaily.com.cn

Chinese leading PC giant Lenovo Group Ltd will step up its efforts to develop artificial intelligence (AI) to boost its existing business as well as create new growth engine. The move is Lenovo's latest effort to revive its PC, smartphone and other hardware businesses through AI as it is faces mounting competition from HP Inc, Asustek Computer Inc, Acer Corp, among others. "AI has two important functions. The first is to use AI to add service to the existing equipment, which is like adding a pair of wings. The second is to create innovative AI equipment," said Rui Yong, chief technology officer of Lenovo.