HPE Leaps on Vultr Deal

HPE (NYSE: HPE) shares reached skyward Wednesday, as the company announced a $1.2-billion order from Vultr, the world’s largest privately-held cloud infrastructure company, to deploy AMD Helios™ AI Rack by HPE systems at Vultr’s cloud data center locations in the United States.
It is HPE's first order for the new AMD Helios system, which features purpose-built HPE Networking scale-up switching and software. HPE and AMD will support Vultr’s effort to meet service provider and enterprise demand for model training and inferencing workloads in their AI data centers.
“AI is driving the largest infrastructure buildout in history and together with AMD and Vultr, we are building an open foundation to accelerate the next phase of AI,” said HPE CEO Antonio Neri. “AMD Helios by HPE demonstrates HPE’s unique ability to engineer the complete AI architecture with rack-scale compute, scale-up networking, and direct liquid cooling, all delivered by our global services.”
The new order builds on nearly three years of collaboration between Vultr and Juniper Networks that continues to grow now that Juniper Networks is a part of HPE.
The AMD Helios AI Rack by HPE is part of the HPE AI Data Center Solutions portfolio, a deeply integrated, production-ready infrastructure stack with AMD that is designed using open standards and optimized for the demanding economics and scale of the AI lifecycle.
HPE shares jumped $4.92, or 8%, Wednesday to $66.42.

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