Hewlett Packard Enterprise Co - HPE STOCK NEWS

RaceTrac (NYSE: HPE) collaborates with Hewlett Packard Enterprise to deploy HPE ProLiant servers in every store, enhancing customer experience and optimizing operations. The upgrade also includes HPE Alletra Storage, boosting storage capacity and simplifying data management.

Hewlett Packard Enterprise (NYSE: HPE) announced at HPE Discover Barcelona 2023 the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, AI tuning and inferencing and professional services. These solutions bring together HPE’s leadership in hybrid cloud, supercomputing and AI/ML software to enable organizations to become AI-powered businesses. This is all delivered based on an open, full-stack AI-native architecture that incorporates a curated mix of software and infrastructure designed specifically to accelerate the AI lifecycle.

Hewlett Packard Enterprise (HPE) (NYSE: HPE) expands its portfolio of purpose-built, AI-native offerings through a strategic collaboration with NVIDIA, aiming to enable enterprises to accelerate AI model training, tuning, and inferencing. The co-engineered, pre-configured AI tuning and inferencing solution is designed to facilitate the customization of foundation models using private data and the deployment of production applications from edge to cloud, offering a comprehensive and accessible AI-native solution for businesses. The new enterprise computing solution for generative AI integrates HPE Machine Learning Development Environment Software, HPE Ezmeral Software, HPE ProLiant Compute, and HPE Cray Supercomputers with the NVIDIA AI Enterprise software suite, including the NVIDIA NeMo framework, to deliver full-stack, out-of-the-box AI solutions. The solution provides the ideal entry point for enterprises of all sizes to start their AI journey, with a focus on AI chatbots and retrieval-augmented generation (RAG) workstreams. HPE Services also offers consulting, workforce training, and deployment solutions, supported by new Global Centers of Excellence for AI and Data in various locations worldwide. Additionally, HPE announced a turnkey supercomputing solution powered by NVIDIA for large enterprises, research institutions, and government organizations, addressing AI model development and training. HPE's new open, full-stack AI-native architecture and the next series of AI-native and hybrid cloud offerings for machine learning development, data analytics, AI-optimized file storage, and professional services were also unveiled at HPE Discover Barcelona 2023.

Ofinno (NYSE: HPE) selects HPE for private cloud, expects to save up to 90% on monthly operational costs. Founded in 2011, Ofinno is a leading-edge R&D lab for 5G, Wi-Fi, and immersive media technologies, having sold more than 500 patents to consumer electronics, automotive, and telecommunications industries.

Hewlett Packard Enterprise (HPE) (NYSE: HPE) partners with Korea Telecom (KT) to offer edge-to-cloud connectivity using HPE Aruba Networking EdgeConnect SD-WAN platform. This partnership will provide KT customers with a faster, higher performance, and cost-effective alternative to MPLS networks for global branch office connectivity. HPE also introduces a new globally-managed SD-WAN service for KT customers, leveraging AWS Cloud WAN and HPE Aruba Networking to simplify edge-to-cloud connectivity using the AWS global backbone network.

Hewlett Packard Enterprise (HPE) announced its fiscal 2023 full-year financial results, reporting revenue of $29.1 billion, a 2% increase from the previous year, and record-breaking gross margin and free cash flow. The company also declared a regular cash dividend of $0.13 per share and estimates first quarter fiscal 2024 revenue to be in the range of $6.9 billion to $7.3 billion.

Swisslog GmbH (BOEBLINGEN) has selected HPE GreenLake for Private Cloud Enterprise to enhance its IT managed services for intralogistics automation. The new platform will enable Swisslog to deploy new IT services within minutes and automate the resolution of support cases, ensuring a frictionless operation of customers’ intralogistic automation. Swisslog delivers data-driven and robotic solutions for industries such as retail, food and beverage, manufacturing, and consumer goods.

Hewlett Packard Enterprise (NYSE: HPE) partners with Sauber Motorsport AG to advance aerodynamics of its Formula One race cars by delivering high performance computing as a service via HPE GreenLake from its headquarters in Hinwil, Switzerland. The new HPC system for computational fluid dynamics significantly increases computing performance, enabling engineers to quickly adjust capacity in compliance with FIA rules and safeguard intellectual property. The system is based on HPE ProLiant Gen11 servers equipped with 4th Gen AMD EPYC™ processors and Cray ClusterStor E1000 high-performance storage.

Hewlett Packard Enterprise (HPE) introduces a supercomputing solution for generative AI designed for large enterprises, research institutions, and government organizations. The turnkey solution aims to streamline model development, accelerate generative AI and deep learning projects, including large language models and deep learning recommendation models. It features the quad NVIDIA Grace Hopper GH200 Superchip configuration and is delivered with services for installation and set-up, designed to improve time-to-value and speed up training by 2-3X.