Hewlett Packard Enterprise Company - HPE STOCK NEWS

Hewlett Packard Enterprise (HPE) reported its Q2 fiscal 2022 results, showcasing strong demand with orders up 20% year-over-year. Revenue reached $6.7 billion, a slight increase of 0.2%, while gross margins remained robust despite supply chain pressures. As-a-Service orders skyrocketed by 107% as HPE focuses on its edge-to-cloud portfolio. GAAP net EPS stood at $0.19, flat from last year, largely due to $126 million in charges linked to Russia. The company maintains a fiscal 2022 revenue growth outlook of 3%-4%.

Hewlett Packard Enterprise (NYSE: HPE) has announced a strategic partnership with SiPearl to develop high-performance computing (HPC) solutions aimed at enhancing Europe's digital sovereignty and supporting exascale systems. This collaboration will combine HPE’s supercomputing solutions with SiPearl’s Rhea processor, targeting next-generation performance and efficiency. The partnership aligns with the EuroHPC initiative to position Europe as a leader in supercomputing, providing advanced technologies for various sectors including drug discovery and climate modeling.

Hewlett Packard Enterprise (NYSE: HPE) announced its Frontier supercomputer has achieved a groundbreaking speed of 1.1 exaflops, making it the fastest in the world, outperforming the next seven supercomputers combined. This innovation allows calculations to be performed up to 10X faster than existing systems, tackling problems 8X more complex. Additionally, Frontier ranks first on the Green500 list for energy efficiency, with 52.23 gigaflops per watt. The supercomputer's contributions will significantly enhance capabilities in areas like cancer research, drug discovery, and renewable energy.

Hewlett Packard Enterprise (HPE) announced a collaboration with the Leibniz Supercomputing Centre (LRZ) and Cerebras Systems to deliver a groundbreaking AI system, enhancing scientific research in Bavaria. The system integrates the HPE Superdome Flex server and Cerebras CS-2 system, providing advanced capabilities for processing large datasets, crucial for AI-driven applications. Funded by Bavaria's Hightech Agenda, it aims to establish the region as a leading AI hotspot. Expected to be operational by summer, it supports diverse research initiatives including natural language processing and medical image analysis.

Hewlett Packard Enterprise (HPE) is expanding its presence in Europe with the establishment of a new manufacturing facility for high performance computing (HPC) and artificial intelligence (AI) systems in Kutná Hora, Czech Republic. This factory aims to enhance local supply chains and accelerate the delivery of exascale-class technology. Operations are set to commence in summer 2022, enabling HPE to support European initiatives in advanced scientific research and innovation while addressing critical global challenges.

Hewlett Packard Enterprise (HPE) will host a live audio webcast on June 1, 2022, at 4:00 p.m. CT to discuss its financial results for Q2 FY 2022, which ended April 30, 2022. The webcast is accessible via www.hpe.com/investor/2022Q2Webcast and will be available for replay for one year post-event. HPE is known for its edge-to-cloud services, aiding organizations in leveraging data effectively across various platforms.

Hewlett Packard Enterprise (NYSE: HPE) has launched the HPE Machine Learning Development System, an all-in-one solution to simplify and accelerate the process of building and training AI models. This system integrates software, compute, accelerators, and networking, enabling enterprises to reduce time-to-insight from weeks to days. The HPE Machine Learning Development System is designed to optimize the scalability and performance of AI applications, addressing the complexities of setting up AI infrastructure. Early adopter Aleph Alpha reported significant efficiency gains using the system.

Hewlett Packard Enterprise (NYSE: HPE) introduced HPE Swarm Learning, a decentralized machine learning solution designed to enhance data privacy and reduce biases in AI training. This innovative approach allows organizations to share AI model learnings without compromising sensitive data, thereby boosting model accuracy through larger dataset access. Key applications include improving diagnostics in healthcare and combating credit card fraud, with potential losses of $400 billion over the next decade. HPE Swarm Learning is now available globally.

Hewlett Packard Enterprise (NYSE: HPE) has unveiled HPE RAN Automation, a cloud-native service management solution aimed at enhancing operational efficiency for communications service providers. This vendor-agnostic tool enables zero-touch management for radio access networks, facilitating lifecycle management with AI/ML technologies. HPE RAN Automation supports multiple network generations and optimizes resources while complying with ETSI standards. The solution is now available for demos and initial trials.