11 Trending AI News and Ratings

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7. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 64

Hewlett Packard Enterprise Company (NYSE:HPE) provides global data-driven solutions, including AI-powered HPC systems, intelligent edge products, cloud-based networking, and analytics services across various industries.

Bloomberg reported that Hewlett Packard Enterprise (NYSE:HPE) secured a deal worth over $1 billion to supply Elon Musk’s X social network with AI-optimized servers. The agreement, finalized late last year, saw competition from Dell Technologies and Super Micro. HPE’s growth in AI servers has been strong, yet it lagged behind competitors. HPE’s success in landing the deal may be linked to its liquid-cooling technology. The agreement helped boost HPE’s stock, but larger deals could pressure margins, the report states.

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