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Stock impact report

LPS Launches NeuroNode: Empowering Advanced AI for Enterprises with On-Premises LLM [Yahoo! Finance]

LENOVO GROUP LTD S/ADR (LNVGY) 
Company Research Source: Yahoo! Finance
NeuroNode equips enterprises with security, autonomy, and scalability, rapidly unlocking the most value from their AI investments. HONG KONG Nov. 7, 2024 /PRNewswire/ -- Lenovo PCCW Solutions ( LPS) announces the launch of NeuroNode, a private Large Language Model (LLM) In-A-Box solution that offers a secure , quick and cost-effective AI solution for enterprises – providing an accessible option for businesses looking to benefit from LLMs. The launch of NeuroNode underscores LPS' commitment to excellence in IT services, reinforced by being named the No.1 IT Services Provider in Hong Kong by IDC [1] As the promise of AI-powered digital transformation continues to grow, CIOs are faced with the challenge of finding a secure pathway towards AI adoption. This has resulted in an increasingly cautious outlook towards AI investment, with Lenovo's 2024 Global CIO Study finding 81% of CIOs leveraging third-party AI tools and proprietary AI tools expressing security as a top concern. Neuro Show less Read more
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