HPE raised its savings target for the Juniper Networks acquisition, set its integration teams, said no customer will be left behind and provided the first installment of vision for the combined companies.
According to CoreWeave, the acquisition of Core Scientific will eliminate about $10 billion of future leases, create $500 million annual run rate cost savings by the end of 2027 and simplify operations.
The money being thrown around AI talent and infrastructure is staggering, but the return on investment may be sketchy for longer time frames. What happens if AI demand doesn't deliver triple-digit growth forever?
HPE's has closed the acquisition of Juniper Networks in a move that will double its networking business.
HPE launched new CloudOps Software, layered AI agents throughout its hybrid cloud stack, unveiled GreenLake Intelligence and expanded its AI factory. In addition, Digital Realty said it would standardize its data center footprint on HPE.
Perhaps the biggest takeaway in the quarter is that Oracle's infrastructure-as-a-service unit is closing in on the company's SaaS revenue.
Broadcom CEO Hock Tan said AI revenue in the second quarter was up 46% from a year ago to $4.4 billion.
Nvidia said its GB200 NVL72 rack scale systems outperformed Hopper by a wide margin based on MLPerf Training submissions across categories.
Hewlett Packard Enterprise delivered better-than-expected second quarter earnings as it saw strong demand for its AI servers and hybrid cloud.
Chief Operating Officer Jeff Clarke said the company saw strong AI demand. "We're experiencing unprecedented demand for our AI-optimized servers. We generated $12.1 billion in AI orders this quarter alone, surpassing the entirety of shipments in all of FY25 and leaving us with $14.4 billion in backlog," he said.
The mass exodus from VMware following Broadcom wasn't a sprint as much as it was a walk. Nevertheless, earnings results from Nutanix and Pure Storage highlight VMware customers are taking a measured approach to leaving.
Nvidia reported strong first quarter results as its data center demand remains strong. The company’s writedown for H20 chips designed for China was also lower than expected.
