May 17 - 14:05
HPE to buy supercomputer firm Cray for $1.3 billion
HPE is buying supercomputer company Cray in a deal worth $1.3 billion. HPE said the explosion of data from AI, ML, and big data analytics and evolving customer needs for data-intensive workloads are driving a significant expansion in performance computing. Cray’s supercomputing systems have the ability to handle massive data sets, converged modeling, simulation, AI, and analytics workloads.
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