Huawei Restates Commitment to Shaping the Future of Industries with AI Innovations

Huawei – the global Information and Communication Technology infrastructure provider- has reaffirmed its commitment as a trailblazer in the world of technology to shape the future of Industries with innovations, especially in AI.

The Chief Executive Officer Huawei Technologies Nigeria, Chris Lu, reaffirmed this commitment during the Zenith Bank Fair tagged “Future Forward 3.0” 2023 held recently in Lagos.

The annual tech fair, which is in its 3rd edition, showcased leading technology innovations across different areas, including Artificial Intelligence (AI), Contactless Payments, Cybersecurity, Cloud Computing, FinTech, Data Analytics, Financial Intelligence, and communication technologies. The fair also witnessed pitch sessions to identify innovative startups, panel discussions, master classes, and exhibitions.

Delivering his keynote address titled “Artificial Intelligence – Application & Bias, “Lu explained that in the all-intelligence era, HUAWEI CLOUD wants to build the cloud foundation and reshape industries with AI.
He explained that as part of its effort to key into the new revolution, the company had conceptualized the Pangu model to develop AI to boost industries and empower the economy.

He urged stakeholders in the tech ecosystem to invest in capacity building to drive more knowledge of AI that would create much-needed economic value.

“We must re-imagine the policies to regulate and open more sectors to AI applications. Besides, we must take deliberate steps to invest in infrastructure like broadband networks to facilitate AI. With the high demand for AI-facilitated solutions, Nigeria cannot afford to lag. This is the time to increase the pool for innovators and entrepreneurs to handle the provision,” he said.

He emphasized the need to create the proper infrastructure that would enable optimal use of AI for economic development, adding that with the right connectivity and computing power, the digital economy in Nigeria would be seriously impacted.

He explained that the Zenith Tech Fair remains a classic example of innovative ways companies can foster collaboration and create more robust and enduring partnerships to engender success and prosperity in Nigeria’s tech ecosystem.

He stated that collaboration with Zenith Bank has stood the test of time and that the company aspires to foster an even more robust and enduring partnership in the future. He said, “We anticipate more successes and the creation of prosperity as we move forward together,”

He noted that through the Zenith Tech Fair, the company has empowered many individuals and industries for success in the digital age by engaging with industry experts, exploring the latest trends, and live demonstrations of game-changing technologies.

During the two-day fair, two panel sessions were held. The first panel, which examined “The next frontier: Digital Wallets, Contactless payments, and BNPL (Buy Now Pay Later),” was moderated by Chris Lu, with five discussants, including Fey Wong, country director, Palmpay; Premier Oiwoh, managing director, NIBSS; Vincent Ogbunude, managing director, Verve; Ebehijie Momoh, Country Manager, Mastercard, and managing director of Network International, Adelola Agbebiyi.

The second panel, with the theme “The intersection of Fintech, eCommerce and SMEs – Collaboration for growth,” was hosted by John Obidi and had five discussants, including Prince Nnamdi Ekeh, Chief Executive Officer Konga; Tunde Kehinde, managing director, Lydia; Stan Martins, regional director, Meta; John Obaro, chief executive officer, Systemspecs, and Seyi Banigbe, Founder of Bland2Glam.