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Spanish artificial intelligence company Multiverse Computing has raised €189 million in funding from Bullhound Capital, Hewlett Packard Enterprise (NYSE:HPE), Forgepoint Capital and Toshiba to advance its work on compressing large language models. The firm claims its technology can shrink the size of these models by as much as 95% while cutting computing costs by up to 80%, all without compromi...
Two stocks that are curious cases in tech after recent earnings are Dell Technologies NYSE: DELL and Hewlett-Packard Enterprise NYSE: HPE. As of the June 10 close, Dell and HPE are up 0.5% and 3.5%, respectively, since releasing their results.
Hewlett Packard Enterprise Company is part of the AI server crew but is more of an underdog among the bunch and that's why we think investors should take a closer look. This morning, news broke of HPE and Nvidia partnering up with Germany's Leibniz Supercomputing Centre to make a new supercomputer called “Blue Lion” that'll run on Rubin. HPE is catching up to Dell, who is edging ahead in AI ser...
Nvidia and Hewlett Packard Enterprise said on Tuesday they are partnering with the Leibniz Supercomputing Centre to build a new supercomputer using Nvidia's next-generation chips.
I upgrade HPE to buy from sell on improving and an unchallenging growth forecast with a low 0.6x PEG valuation. HPE's various business segments face relevant competition but are expected to grow cash earnings 9% on improving margins driven by Intelligent Edge analytics service, more so than Servers or Cloud. The $14bn Juniper deal detracts US$2 from my 2026 price target of US$24 and still has a...
HOUSTON--(BUSINESS WIRE)--Hewlett Packard Enterprise (NYSE: HPE) today announced the publication of its 10th annual Living Progress Report for fiscal year 2024, providing a comprehensive view into the company's progress in building a more sustainable IT ecosystem, driving decarbonization efforts, investing in talent, and developing responsible and ethical technology. Living Progress is HPE's bu...
Hewlett Packard Enterprise Company (NYSE:HPE) released its Q2 FY2025 earnings on June 3, reporting revenue of $7.6 billion, a 7% year-over-year increase, and non-GAAP EPS of $0.38, exceeding the high end of guidance.
Hewlett Packard Enterprise (NYSE:HPE) recently revealed its Q2 fiscal 2025 results (the fiscal year concludes in October), slightly surpassing analyst forecasts. The firm announced earnings of $0.38 per share on revenues of $7.6 billion, exceeding consensus predictions of $0.33 and $7.5 billion, respectively.
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