Hewlett Packard Enterprise Company (NYSE:HPE) disclosed a contract from renewable energy company, RWE AG (OTC:RWEOY), to enhance weather data analysis.
RWE has adopted HPE Private Cloud AI, part of the NVIDIA AI Computing by HPE portfolio, to streamline weather model data processing and enhance information retrieval with retrieval-augmented generation (RAG).
The on-premise solution allows RWE's researchers to rapidly deploy private cloud AI infrastructure within policy frameworks, enabling quicker experimentation and scaling of AI projects across various domains and regions.
HPE Private Cloud AI, co-developed with NVIDIA and delivered via the HPE GreenLake cloud, offers RWE a streamlined platform for infrastructure management, process automation, and workload orchestration, including sustainability metrics.
This allows RWE's research team to focus on model development, accelerating time-to-market and providing a competitive edge in the renewable energy sector.
Fidelma Russo, EVP & GM, Hybrid Cloud & CTO at HPE, said, "The ability to fine tune and inference AI-driven weather models will be a key enabler to unlock higher efficiencies for RWE's renewable energy portfolio and will give them a significant competitive advantage in the market."
"HPE Private Cloud AI is a unique turnkey solution that enables RWE's researchers to reach the market quicker and handle massive datasets."
Yesterday, Deloitte expanded its collaboration with HPE to implement the newly launched HPE Private Cloud AI with NVIDIA, enhancing its AI capabilities and accelerating the deployment of Generative AI solutions.
Investors can gain exposure to the stock via First Trust S&P 500 Diversified Dividend Aristocrats ETF (NASDAQ:KNGZ) and Roundhill Generative AI & Technology ETF (NYSE:CHAT).
Price Action: HPE shares are up 0.99% at $21.39 premarket at the last check Thursday.
Image via Shutterstock
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