Lenovo, the Chinese language multinational firm, introduced a 20% soar in its FY25 third-quarter income on Thursday, attributing it to its ‘hybrid-AI technique’. The corporate’s income stood at $18.8 billion, up from $15.7 billion the yr earlier than. Internet earnings greater than doubled year-on-year to $693 million.
“Lenovo’s income and revenue each achieved vital progress final quarter, with robust efficiency throughout all core companies,” stated Yuanqing Yang, CEO of Lenovo.
“AI expertise, with larger effectivity and decrease prices, is accelerating the maturation of private AI, significantly on-device AI and edge AI. It has additionally accelerated enterprise adoption of AI. This aligns completely with the path of hybrid AI we’ve been driving and main,” Yang added.
Income from the corporate’s Infrastructure Options Group (ISG) elevated 60% year-on-year to $3.9 billion. “Income from ISG’s AI server enterprise and industry-leading Lenovo Neptune liquid cooling options made robust contributions within the quarter, with AI server income rising steadily,” stated the corporate.
Final October, Lenovo unveiled its sixth era of liquid cooling infrastructure, the ThinkSystem N1380 Neptune, which is designed to optimise knowledge centre efficiency. Lenovo claims it decreased knowledge centre energy consumption by as much as 40%.
Lenovo can also be betting large on AI infrastructure with custom-fit knowledge centre options. Scott Tease, VP and GM of AI and Excessive-Efficiency Computing (HPC) at Lenovo, interacting with AIM on the sidelines of Tech World in Seattle final yr, stated, “We’re constructing exascale methods designed to be accessible to any buyer, no matter their knowledge centre setup or dimension.”
He additionally added that with Lenovo’s options, there’s no have to rebuild knowledge centres or reinforce flooring, because the gear can match by a typical 2-meter door or freight elevator. In distinction, competing options contain 4,000-kilogram racks which can be 2.5 meters extensive, exceeding typical flooring assist capabilities.
The corporate additionally provides a full-stack AI platform known as Hybrid AI, which is inbuilt collaboration with NVIDIA and helps enterprises and organisations deploy AI-enabled options.
Lenovo additionally noticed a file income this quarter from its Options and Providers Group (SSG), which builds the corporate’s Hybrid AI capabilities. “The AI answer enterprise is gaining traction and constructing lighthouse instances for world prospects, together with delivering an enterprise AI agent platform,” the corporate stated.
Furthermore, its analysis and growth (R&D) bills elevated by 14% year-on-year.
The corporate is a number one OEM for AI-enabled PCs with Microsoft Copilot Plus. Final December, Lenovo unveiled its new ThinkPad T14s Gen 6, powered by AMD Ryzen AI 7 PRO 360 processor.
Lenovo stated in its launch that the system delivers 50 TOPS (trillions of operations per second) of AI processing energy, enabling superior knowledge evaluation, real-time machine studying, and enhanced productiveness for the fashionable workforce.
The corporate additionally developed a set of AI options known as Moto AI, which is aimed in direction of the smartphones that its subsidiary Motorola develops.
In accordance with rumours, Lenovo can also be set to announce a ThinkBook Flip AI PC, which showcases a rollable and foldable OLED show.
The publish Lenovo Stories 20% Income Development Because of AI Technique appeared first on Analytics India Journal.
