This week in AI has been filled with exciting announcements and innovations! Lenovo’s Tech World 2024 was a highlight, where they showcased their AI-driven solutions across industries, emphasizing smarter AI for both personal and enterprise use. The event focused on transforming workplaces with hyper-personalized AI solutions, making businesses more efficient and connected than ever .
Meanwhile, AMD made waves by unveiling new AI-powered chips, expanding their AI capabilities to meet growing market demands. These innovations promise to accelerate AI across sectors, particularly in data centers and enterprise applications .
Additionally, the AI market continues to explode. According to recent reports, the total addressable market for AI hardware and software is expected to reach up to $990 billion by 2027. Companies are investing heavily in R&D, especially around generative AI, which is driving massive shifts in the tech landscape .
In short, AI is not slowing down—it’s picking up even more speed!