HPE jumps after reporting strong sales in server AI demand

HPE jumps after reporting strong sales in server AI demand

(Bloomberg) — Hewlett Packard Enterprise Co . reported revenue that beat analysts’ estimates on a big increase in sales of servers built to handle artificial intelligence work. Shares gained 17% in extended trading. Most Read by Bloomberg Fiscal second-quarter revenue rose 3.3% to $7.2 billion, the company said Tuesday in a statement. Wall Street had…

Microsoft confirms layoffs in mixed reality, but will continue to sell HoloLens 2 headset

Microsoft confirms layoffs in mixed reality, but will continue to sell HoloLens 2 headset

Microsoft CEO Satya Nadella speaks at a news conference at the company’s campus in Redmond, Washington, on May 20, 2024. Chona Kasinger | Bloomberg | Getty Images Microsoft will lay off some employees working in mixed reality, a spokesperson told CNBC on Monday. Although the cuts will affect the department that contributes to the HoloLens…