Hewlett Packard Enterprise Company - HPE STOCK NEWS

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.

Titan Space Technologies successfully deployed machine learning models on the HPE Spaceborne Computer-2 aboard the International Space Station, supporting Axiom Space's future missions. This deployment showcases critical AI capabilities for space experimentation. Dr. Mark Fernandez from HPE emphasized the importance of optimizing applications for future spacecraft demands. Titan’s co-founder, Russell Foltz-Smith, highlighted the potential of AI at scale in space. Titan aims to make space experimentation more accessible, aligning with Axiom's vision for innovative space research.

Hewlett Packard Enterprise (NYSE: HPE) announced that Ituran, a global vehicle tracking company, has selected the HPE Alletra 9000 as its data infrastructure for telemetry analysis in Brazil. This decision aims to enhance real-time data access, improve automation, and support Ituran's growing client base. The Alletra platform allows Ituran to manage data globally, ensuring efficient storage, processing, and security. The partnership signifies a commitment to innovation and improving vehicle operation and safety.

Hewlett Packard Enterprise (NYSE: HPE) announced a new high-performance computing (HPC) cluster for City University of Hong Kong, enhancing research capabilities significantly.

The system offers nearly 10 times faster speed, improving AI and HPC applications in biomedicine, quantum chemistry, and social sciences. With reduced operational costs and increased efficiency, it enables researchers to undertake complex projects faster, such as those in chronic disease analysis and algorithmic trading. This development marks a substantial upgrade in computational performance, consolidating HPC resources for greater accessibility and sustainability.

Hewlett Packard Enterprise (NYSE: HPE) has partnered with Auckland Transport to implement an AI-enhanced video feed using the HPE GreenLake platform. This initiative aims to optimize transport routes, promote public transport usage, and support law enforcement operations in Auckland. The transition to HPE's system has resulted in a 41% reduction in rack space and a 37% decrease in energy consumption. The project facilitates cost-effective monitoring and data utilization for traffic management while enhancing public safety and operational efficiency.

Hewlett Packard Enterprise (NYSE: HPE) announced significant progress with its Spaceborne Computer-2 (SBC-2), operational on the International Space Station (ISS) since May 2021. The system has successfully completed 24 research experiments, reducing data processing times from months to minutes across various applications including healthcare and disaster recovery. SBC-2's capabilities include a 20,000X speed-up in data compression and transmission. This innovation paves the way for enhanced autonomy for astronauts and advances in space exploration technology.