Latest news with #HPE
Yahoo
4 hours ago
- Business
- Yahoo
Hewlett Packard Enterprise (HPE) Selected by Subaru for AI-Powered Safety Enhancements
Hewlett Packard Enterprise recently announced a collaboration with Subaru to integrate HPE Cray XD670 servers into its AI and image recognition technology, a move that aligns with broader industry trends towards AI and safety advancements in the automotive sector. During the last quarter, HPE's share price rose by 28%, reflecting positive sentiment influenced by key strategic initiatives, such as its enhanced partnerships and AI focus, amid a generally buoyant market that has seen the S&P 500 and Nasdaq reach new highs. HPE's activities, including partnerships and product launches, have added momentum to its share performance in line with broader market optimism. We've discovered 4 warning signs for Hewlett Packard Enterprise that you should be aware of before investing here. Uncover the next big thing with financially sound penny stocks that balance risk and reward. The recent collaboration between Hewlett Packard Enterprise (HPE) and Subaru could reinforce HPE's focus on AI, potentially enhancing its revenue and earnings forecasts. By integrating HPE Cray XD670 servers into Subaru's AI and image recognition technology, there is an opportunity for significant advancement within the AI segment, aligning with HPE's existing GreenLake and AI workload capture strategies. Such collaborations could bolster HPE's efforts to capture high-margin offerings and improve net margins, which are critical for addressing existing competitive and regulatory challenges. Over a five-year period, HPE's total shareholder return, including dividends, reached 147.52%. This impressive long-term performance contrasts with the company's relatively flat performance against the broader market over the past year, where it exceeded the US Tech industry but underperformed the overall US market, which showed a 17.7% return. The recent share price increase could also impact perceptions relative to the analyst consensus price target. With current shares trading at US$20.88, the near-term price target of US$22.54 indicates an appreciation potential of approximately 9.4%. This suggests that the market still sees room for growth, especially as HPE continues to advance its AI and cloud strategies and addresses existing operational challenges. However, the alignment of these expected gains with forecasted revenue and earnings growth will play a crucial role in meeting or exceeding investor expectations. Examine Hewlett Packard Enterprise's earnings growth report to understand how analysts expect it to perform. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include HPE. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
The Hill
5 hours ago
- Business
- The Hill
DOJ fires two top antitrust officials
The Department of Justice (DOJ) has fired two top officials from its antitrust division for insubordination, an agency spokesperson confirmed Tuesday. Roger Alford, principal deputy assistant attorney general, and Bill Rinner, deputy assistant attorney general and head of merger enforcement, were both let go from their roles in the administration. The firings, first reported by CBS News, come amid growing internal disagreements within the DOJ's antitrust division. The division is responsible for handling several of the administration's most high-profile antitrust cases, including two lawsuits against Google and another against Apple. It has reportedly been plagued by tensions over its merger policy. The DOJ has cleared the way for several mergers in recent weeks, including Hewlett Packard Enterprise's (HPE) $14 billion acquisition of Juniper Networks and T-Mobile's $4.4 billion acquisition of UScellular. However, the HPE-Juniper settlement was only approved after Attorney General Pam Bondi's chief of staff stepped in and overruled the head of the antitrust division, Gail Slater, CBS News reported. The DOJ sued over the $14 billion acquisition in January, shortly after President Trump took office. The decision marked a key point of alignment with the Biden administration, which had been preparing to challenge the merger. The administration has generally maintained an aggressive approach toward antitrust enforcement in Trump's second term in office. Despite an effort by Meta CEO Mark Zuckerberg to lobby for a settlement, the Federal Trade Commission went ahead with its trial against the social media giant in April. Several Senate Democrats sent a letter to the judge overseeing the HPE-Juniper case on Monday, voicing concerns over the DOJ's proposed settlement. Sens. Elizabeth Warren (Mass.), Amy Klobuchar (Minn.), Cory Booker (N.J.) and Richard Blumenthal (Conn.) called for the judge to hold an evidentiary hearing to 'determine whether the settlement is in the public interest.' They argued the settlement fails to address the antitrust concerns raised in the DOJ's initial complaint, while underscoring recent reporting that the antitrust division was sidelined and that HPE and Juniper retained lobbyists connected to the White House and attorney general's office. 'The Justice Department must stand as the lawyers for the entire United States,' the senators wrote. 'A settlement to resolve the challenge to HPE's proposed acquisition of Juniper should not be made on the backs of the American people while enriching well-connected lobbyists.'
Yahoo
10 hours ago
- Business
- Yahoo
HPE Gets a Vote of Confidence: Deutsche Bank Sees Room to Run After Juniper Deal
Hewlett-Packard Enterprise Company (NYSE:HPE) is one of the . On July 23, Deutsche Bank analyst Matt Niknam raised the firm's price target on the stock to $26 from $21 and kept a 'Buy' rating on the shares. The firm is positive on the stock following the Juniper deal, reflecting on the anticipated benefits. According to Niknam, the stock's current valuation offers a promising risk/reward balance for investors. Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing systems, AI software, and data storage solutions for running complex AI workloads. An investor in a suit representing the company, seated in front of a long table of global leaders discussing the company's investments. While we acknowledge the potential of HPE as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None. Sign in to access your portfolio
Channel Post MEA
14 hours ago
- Business
- Channel Post MEA
HPE Partner Program Partner Ready Vantage Highlighted by Canalys
Hewlett Packard Enterprise (HPE) is unifying its various partner programs into a single, comprehensive offering called HPE Partner Ready Vantage. This was reported by Steven Kiernan, an analyst at Canalys, part of Omdia, in a recent analysis available to their clients. HPE's newly unified partner program architecture aims to eliminate historical silos through simplified enrollment processes and flexible participation options across multiple technology tracks. It reflects HPE's recognition of the evolving consumption preferences in the enterprise technology market, and should help partners unlock a higher multiplier. Canalys research revealed that Hewlett Packard Enterprise partners can earn a maximum multiplier of $4.90 for every $1 a customer spends on HPE solutions. The multiplier reflects the value partners provide in attached services and solutions, broken out across six categories: Advise, Design, Procure, Build, Manage and Adopt. Many factors affect the multiplier, including breadth of offerings, maturity of partner, complexity of service offerings, scale of partner and local geographic factors.
Business Wire
a day ago
- Automotive
- Business Wire
Subaru Selects HPE to Accelerate AI Development for Next-Generation Eyesight Driver Assist System
TOKYO--(BUSINESS WIRE)-- HPE (NYSE: HPE) today announced that Subaru selected HPE Cray XD670 servers to orchestrate its image recognition technology and AI. This rollout supports Subaru's vision of increasing customer value and improving preventive safety — one of the key pillars of the car manufacturer's comprehensive philosophy. HPE Cray XD670 servers featuring industry-leading and energy efficient direct liquid cooling is expected to accelerate the optimization of AI algorithms, model training, and inferencing for the next-generation EyeSight driver assist system currently under development. Subaru is recognized by customers and industry organizations 1 globally for its outstanding safety performance. Powered by AI, the next-generation EyeSight is being developed as part of Subaru's commitment to achieving zero fatal traffic accidents by 2030 2. The next-generation EyeSight system aims to enhance vehicle safety in diverse real-world scenarios by simultaneously measuring the precise distance to objects and classifying them using AI, using images captured by stereo cameras. Subaru has been providing its stereo camera–based image recognition technology for over 35 years and is now fusing it with the latest AI technologies to deliver greater value to customers to enhance preventive safety. The on-premises deployment of HPE Cray XD670 servers supports this effort by improving the computing power of Subaru's AI development environment. 'Subaru has an unwavering dedication to developing high-performing vehicles while pursuing the highest level of safety with a goal to eliminate fatal traffic accidents. The remarkably low rear-end collision rate of EyeSight-equipped vehicles stands as a powerful testament to that dedication,' said Hirokazu Mochizuki, senior vice president and managing director for HPE Japan. 'The HPE Cray XD670 is a high-performing GPU-accelerated server and ranks at the top of computer vision and LLM workloads performance benchmarks. We are honored that Subaru has chosen HPE Cray XD670 to support Subaru's AI initiatives and further bolster the safety capabilities of the EyeSight technology.' Subaru's vast repository of research data and accumulated technical expertise is a major advantage in the development of advanced driver-assistance systems (ADAS), and SUBARU Lab was established in December 2020 as a strategic hub to strengthen ADAS related in-house software development and AI-based image recognition. Researchers and engineers at SUBARU Lab are rigorously pursuing solutions to real-world driving risks, collecting video data by driving on roads around the world. This image data is used to optimize AI algorithms and train inference models that run on HPE Cray XD670 servers powered by NVIDIA H200 GPUs with NVIDIA NVLink connectivity for up to four GPUs. 'At Subaru, we pursue comprehensive vehicle safety through five key areas of our All-Around Safety philosophy: Primary Safety, Active Safety, Preventive Safety, Passive Safety, and Connected Safety. Subaru's unique value lies in delivering peace of mind to our customers—a commitment that goes beyond just safety, and one that drives us to advance the development of cutting-edge technologies with a strong sense of urgency,' said Takashi Kanai, Deputy Chief of SUBARU Lab, and General Manager of ADAS Development Department. 'With the energy-efficient HPE Cray XD670 that delivers twice the performance compared to the existing system, we now have an on-premises environment that allows us to maximize our use of GPU resources, which we expect to speed the development of our AI models.' The HPE Cray XD670 system features direct liquid cooling for optimal energy efficiency and performance and is powered by eight NVIDIA H200 GPUs to deliver exceptional capabilities for AI model training and inferencing. HPE Cray XD670 achieved top rankings in the MLPerf Inference v5.0 benchmarks, an industry effort driven by MLCommons to help the industry standardize performance evaluation of AI technologies. Subaru also selected HPE Tech Care Service for faster access to HPE experts, and intuitive self-help tools via the HPE Support Center. This support experience enables reduced downtime, streamlined operations, and unlocks greater value from the investment in HPE. About HPE HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at About Subaru Corporation Subaru Corporation strives to deliver 'Enjoyment and Peace of Mind' to its customers by focusing on the core value of 'people-oriented car manufacturing.' With a strong commitment to safety, quality, and innovation, Subaru continues to evolve as a company that delivers happiness to all. The company operates globally with a focus on automotive and aerospace businesses, and is dedicated to contributing to a sustainable society through its products and corporate activities. For more information, visit 1 Subaru's vehicles have earned high safety ratings from third-party assessment organizations around the world, including ANCAP (Australasian New Car Assessment Program), Euro NCAP (European New Car Assessment Programme), IIHS (Insurance Institute for Highway Safety, U.S.), JNCAP (Japan New Car Assessment Program), and NHTSA (National Highway Traffic Safety Administration, U.S.). 2 Refers to the elimination of fatalities involving occupants of Subaru vehicles, as well as pedestrians and cyclists, in collisions with Subaru vehicles.
