HPE

Elliott Management Takes a $1.5 Billion Stake in HP Enterprise: A Game Changer for the Tech Firm?

1 month ago

In a significant development in the tech investment landscape, Elliott Management Corporation has reportedly acquired a $1.5 billion stake in HP Enterprise, marking a pivotal moment for the business and the tech industry at large. This move places one of the most powerful activist investment firms at the helm of one of the key players in the enterprise technology sector.

Hewlett Packard Enterprise Faces Challenges: Weak Profit Forecast and 3,000 Job Cuts

2 months ago

Hewlett Packard Enterprise (HPE), a major player in the tech sector, has recently announced a disappointing profit forecast for the upcoming quarter, leading to significant restructuring measures that include the elimination of approximately 3,000 jobs. This decision signals a growing concern surrounding the firm’s financial health amid prevailing economic uncertainties and competitive pressures within the technology industry.

Hewlett Packard Enterprise (HPE) Vows to Vigorously Defend Juniper Merger Amid Legal Challenges

4 months ago

In a strong defense of its recent merger plans, Hewlett Packard Enterprise (HPE) CEO Antonio Neri announced that the company is fully prepared to fight any legal challenges related to its proposed merger with networking giant Juniper Networks. This declaration comes as HPE finds itself in the crosshairs of legal scrutiny from various stakeholders concerned about the implications of the merger.

HPE Investigates Breach Claims While Assuring No Business Impact

4 months ago

Hewlett Packard Enterprise (HPE) is currently looking into allegations of a data breach that surfaced recently. Despite these serious claims, the technology giant has stated that the situation has not adversely impacted its business operations. This announcement comes at a critical time as organizations worldwide remain vigilant against increasing cybersecurity threats.

Hewlett Packard Enterprise Sees Robust Sales Surge Driven by AI Server Demand

6 months ago

In a significant turnaround reflecting the critical role of artificial intelligence (AI) in shaping technology investments, Hewlett Packard Enterprise (HPE) has reported a remarkable increase in its sales figures for the recent quarter. The company's alignment with the growing anticipation surrounding AI adoption has propelled its revenue growth, particularly driven by strong demand for AI servers.

Dell Set to Deliver AI Servers Powered by Nvidia's Latest Blackwell Chips Next Month

7 months ago

In a significant development for the tech industry, Dell Technologies has announced plans to ship AI servers equipped with Nvidia's new Blackwell chips to its clients as early as next month. This strategic move aims to bolster Dell's position in the competitive landscape of artificial intelligence and high-performance computing.

Harnessing the Unfathomable Power of Quantum Computing: A Groundbreaking Leap Forward

8 months ago

Quantum computing has long been touted as the next revolution to sweep through computation and solve issues now far beyond the reach of any classical computer. An enlightening video on Bloomberg explores huge opportunities available in quantum computing, more so the challenges ahead in trying to harness its power.

SK Hynix Shares Surge as it Begins Advanced AI Chip Production

8 months ago

Shares of South Korean semiconductor manufacturer SK Hynix Inc. surged after the company announced it had started producing state-of-the-art artificial intelligence chips. The stock gained as much as 8.3% in Seoul on the latest news on September 26, among its largest intraday gain in six months, reflecting investor sentiment over the company's foray into the AI technology space.