Lenovo's Yang donates 100 million yuan to university

Yang Yuanqing, chairman and CEO of Chinese tech giant Lenovo Group Ltd, said on Saturday he will donate 100 million yuan ($15.26 million) to Shanghai Jiao Tong University to build a state-of-the-art, green liquid-cooling, high-performance computing center at his alma mater.

The center will improve the university's computing capabilities, facilitate basic research and innovation, support the cultivation of talent, and help tackle the common challenges faced by humanity.

According to the donation agreement, the high-performance computing center will be built and delivered by Lenovo Group, adopting Lenovo's most advanced products and technologies, and unleashing the high performance of US company Intel's latest technologies.

Yang said personal computers were a significant driving force of the third industrial revolution, now shifting from "one per family" to "one per person".

"Lenovo was a key contributor to this major achievement. However, as we enter the fourth industrial revolution, or the intelligent transformation era, computing power, especially high-performance computing, has become on the one hand an important driving force, along with big data and algorithms, and on the other, a considerable bottleneck for technology breakthroughs and application innovation," Yang said.