10 AI News Stories That Are Dominating Headlines

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1. Hewlett Packard Enterprise Company (NYSE:HPE)

Number of Hedge Fund Holders: 64

Hewlett Packard Enterprise Company (NYSE:HPE), an American multinational technology company, provides high-performance computing (HPC) systems, AI software, and data storage solutions for running complex AI workloads. On February 12, the company announced the latest additions to a new generation of enterprise servers with eight new HPE ProLiant Compute Gen12 servers. Featuring the upcoming Intel Xeon 6 processors for data center and edge environments, these servers are designed for enhanced security, improved performance, and AI automation. They also feature industry-first security capabilities with HPE Integrated Lights Out (iLO) 7, helping organizations protect against threats. They aim to address demanding workloads that include AI, data analytics, edge computing, hybrid cloud, and virtual desktop infrastructure (VDI) solutions. Moreover, they deliver up to 41% better performance per watt compared to legacy enterprise systems3, up to 65% in power savings per year, and enable organizations to free up data center capacity. HPE has announced that six of the eight new HPE ProLiant Compute Gen12 servers will be available in Q1 2025.

“Our customers are tackling workloads that are overwhelmingly data-intensive and growing ever-more demanding. The new HPE ProLiant Compute Gen12 servers give organizations – spanning public sector, enterprise and vertical industries like finance, healthcare and more – the horsepower and management insights they need to thrive while balancing their sustainability goals and managing costs. This is a modern enterprise platform engineered for the hybrid world, designed with innovative security and control capabilities to help companies prevail over the evolving threat landscape and performance challenges that their legacy hardware cannot address.”

-Krista Satterthwaite, senior vice president and general manager, Compute at HPE.

While we acknowledge the potential of HPE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than HPE but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stock To Buy Now and Complete List of All AI Companies Under $2 Billion Market Cap.

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