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Hewlett Packard Enterprise and Nvidia expand AI collaboration

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Hewlett Packard Enterprise (HPE) announced the expansion of its collaboration with Nvidia (NVDA) to increase its reach in the field of generative artificial intelligence (AI) .

The company said the deal will help create what it calls the next round of cloud-native and hybrid AI offerings. The products will combine HPE's hybrid cloud, supercomputing and AI/machine learning software “to enable organizations to become AI-powered enterprises,” the company said.

Antonio Neri, CEO of Hewlett Packard Enterprise, explained that with generative AI, companies are quickly realizing that “the data and compute requirements to effectively run AI models require a fundamentally different approach to technology.” He said that with this new technology from HPE, customers can develop AI models securely with their proprietary data.

Manuvir Das, Nvidia vice president of enterprise IT, said the deal will help users “supercharge the power of generative AI.”

HPE-Nvidia products are should be available early in the first half of next year.

After the extension of the announced Nvidia partnership, shares of Hewlett Packard Enterprise were up nearly 2% Thursday afternoon. Nvidia shares fell more than 3%.

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Source: investopedia.com

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