Alibaba Group Holding Limited (NYSE:BABA) and Lenovo Group are partnering to develop a range of artificial intelligence (AI) products, a significant move as the Chinese tech giants vie for supremacy in the burgeoning field of generative AI. ing.
These products will be equipped with an AI PC, a computer with an embedded chip that can perform locally generated AI operations, along with other AI-powered devices and business intelligence solutions.
SCMP reported that the partnership was announced at Lenovo's Tech World event in Shanghai, highlighting “in-depth cooperation and co-innovation” between the company and various entities in the country, including the Tsinghua University AI Industry Institute. It is said that it was done.
Also read: Nvidia leads the AI chip race with new GPUs, while AMD and Intel bet big on AI PCs
At the same event, Lenovo announced a specialized version of its AI PC, the Yoga Book 9i, and additional AI-centric devices. These devices include Lenovo Xiaotian, a personal AI assistant powered by Tongyi Qianwen, Alibaba's large-scale language model.
According to market research firm IDC, AI PCs are poised to take the Chinese market by storm. It is estimated that by 2027, he will account for 85% of new PC sales.
A recent report showed Microsoft's (NASDAQ:MSFT) plans to unveil revolutionary “AI PC” and aims for solar eclipse Apple's (NASDAQ:AAPL) MacBook Air with M3 and new laptops with: Arm Holdings Co., Ltd. (NASDAQ:ARM) Technology.
These next generation devices are Qualcomm's (NASDAQ:QCOM) Snapdragon X Elite processor.
The announcement also introduces consumer versions of Surface Pro 10 and Surface Laptop 6 powered by Snapdragon X Elite chips.
This move is consistent with a broader technology industry push, including: Advanced Micro Devices Company (NASDAQ:AMD) and Intel Corporation (NASDAQ:INTC) brings AI to the PC experience.
Price action: BABA stock was trading 0.70% lower at $68.40 pre-market at last check on Friday.
Disclaimer: This content is created in part using AI tools, and reviewed and published by Benzinga editors.
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This article Alibaba and Lenovo team up for AI PC, teaming up to set a new standard in technology.
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