Last Updated: February 21, 2024, 08:30 IST
Another tech firm able to spend money on AI however decides to stop making telephones
Tech firms are progressively investing their assets in AI and this model has determined the cell enterprise has sufficient to maintain folks glad.
Phone manufacturers are beginning to present their give attention to AI however one firm has determined that telephones don’t make sense anymore and it’s totally invested in AI for the long run. Meizu is the corporate that has confirmed its plans to stop the smartphone enterprise and able to put all its eggs within the AI basket.
Meizu needs to give attention to AI-powered OS tailor-made for cell gadgets and even launch its first AI-enabled {hardware} product in 2024. Meizu has proven its {hardware} may with telephones launching throughout the globe however the firm isn’t enticed by the market anymore, with the improve cycle going up in comparison with earlier years.
The firm’s CEO claimed that customers are taking greater than 4 years to get a brand new telephone, which appears to have satisfied the model about its altering focus in the direction of AI within the years to return. Meizu is already accessible by means of in-automobile consoles and now its give attention to AI exhibits extra firms are betting on the long run than persevering with to spend money on a saturated phase.
We have seen main tech manufacturers shift their focus in the direction of AI, which sadly has come at the price of folks laid off, and cash being moved into merchandise which have AI in some form or type.
Chinese manufacturers are equally invested within the expertise with many chatbots displaying their potential and extra issues within the pipeline from main names within the area. Meizu is simply lapping up the pattern and understandably reducing its losses within the cell enterprise and specializing in a extra AI-centric technique which we are going to see in flesh later this yr.
So what occurs to the prevailing customers of Meizu? The firm assures their help doesn’t go away and its shops in China will proceed to function in the meanwhile. Having stated that, Meizu is prone to shut store in different markets any longer.
