Lenovo Q1 Sales Up 20 Percent As CEO Says 'Hybrid AI' Will Dominate Future

Published on August 15, 2024

In the AI arena, Lenovo said its Intelligent Device Group has delivered double-digit revenue growth, and “leading profitability,” the company said in prepared remarks. AI adoption by user it taking a hybrid approach, Lenovo said, with a mix of private AI models and public models becoming the popular consumption model.