The advent of AI-powered PCs has the focus of many on Wall Street as the AI race enters its second lap in 2024. "Our projection is that the penetration of the AI PCs will be between 40 and 60% three years after launch," HP Inc. CEO Enrique Lores (HPQ) stated in a previous interview with Yahoo Finance in November 2023. Lores joins Yahoo Finance's Brian Sozzi and Julie Hyman at the World Economic Forum in Davos, Switzerland to give an update on HP's outlook on AI PCs and give insight into how the AI trend will continue to move forward. When asked about how fast tech and AI is progressing, wondering if HP's upcoming tech will be obsolete just as fast, Lores responds: "Well, the hardware will not be different. The models will evolve and you will be able to upgrade the model and continue to use the same hardware, so I don't think that will be any concern for our customers". It's all part of Yahoo Finance's exclusive coverage from the World Economic Forum in Davos, Switzerland, where our team will speak to top decision-makers as well as preeminent leaders in business, finance, and politics about the world’s most pressing issues and priorities for the coming year. Watch this full episode of Yahoo Finance Live here. Editor's note: This article was written by Nicholas Jacobino.

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