15 AI Stocks to Watch: News and Analyst Ratings

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8. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 64

Hewlett Packard Enterprise Company (NYSE:HPE) is a US-based technology company specializing in high-performance computing (HPC) systems, AI software, and data storage solutions that help run complex AI workloads.

On November 21, Hewlett Packard Enterprise Company (NYSE:HPE) announced that RWE, a leading renewable energy company, will be using HPE Private Cloud AI to improve weather forecast accuracy and optimize energy resource management. RWE’s AI Research Lab will be leveraging the AI-optimized turnkey private cloud, co-developed with Nvidia, for handling massive data sets and reaching the market vast, enabling them in areas such as inferencing weather models to global energy leadership. The private cloud solution can be deployed in just three simple clicks, allowing researchers to handle massive data required for weather models and information extraction with retrieval-augmented generation (RAG).

“The ability to fine-tune and inference AI-driven weather models will be a key enabler to unlock higher efficiencies for RWE’s renewable energy portfolio and will give them a significant competitive advantage in the market. HPE Private Cloud AI is a unique turnkey solution that enables RWE’s researchers to reach the market quicker and handle massive datasets.”

-Fidelma Russo, EVP & GM, Hybrid Cloud & CTO at HPE.

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