hp - Tech News from Simmons Systems

Tech News from Simmons Systems

hp

A collection of 11 posts

Nvidia Unveils RTX Spark CPU to Capture $200 Billion AI PC Market

Nvidia introduces the RTX Spark "superchip" at Computex, partnering with major PC makers to build AI agent-powered computers. The new 1-petaflop chip allows users to run local AI models and aims to replace traditional app navigation with simple voice commands.

OpenAI Unveils Frontier Platform to Help Enterprises Manage AI Agents

OpenAI introduces Frontier, an open platform that lets companies build, monitor, and govern AI agents similarly to human employees. The tool integrates with external applications and enters a competitive market led by Salesforce's Agentforce.

HP Acquires Humane AI Assets to Reshape Workplace Technology

HP acquires Humane's Cosmos AI platform and over 300 patents to accelerate its push into artificial intelligence software.

HP to Eliminate Up to 6,000 Jobs Amid AI PC Expansion

HP announces a major restructuring that cuts up to 6,000 jobs by 2028 as the company pivots toward AI-powered PCs. The shift comes as traditional printing revenue declines and memory costs rise.

HP Acquires Humane AI Platform for $116 Million as AI Pin Shuts Down

HP buys Humane's AI technology and team to integrate artificial intelligence into its computers and printers, while the heavily criticized AI Pin device officially ceases operations.

HP Acquires Humane Assets for $116 Million as AI Pin Shuts Down

HP buys the intellectual property and team behind Humane's AI Pin for $116 million, immediately ending sales of the short-lived device. Existing AI Pins lose all functionality and cloud connectivity by the end of February.

Tech Industry Faces Long Road to Gender Equality Despite Financial Benefits

The tech industry trails behind other sectors in reaching gender equality, with experts predicting it will take until 2025 to near parity. However, a recent study shows that diverse management teams boost innovation revenue by 19 percent, proving that inclusion directly impacts profitability.

China Orders State Offices to Ditch Foreign Tech Over Three Years

The Chinese government reportedly mandates the removal of all foreign hardware and software from state offices by 2022. This phased replacement plan impacts millions of devices and targets major U.S. technology companies.

Xerox Makes Surprise $27 Billion Bid to Acquire Larger Rival HP

Xerox confirms it is attempting to acquire HP Inc. in a deal valued at over $27 billion, despite having a significantly smaller market cap. HP acknowledges the proposal and states it is evaluating the offer to determine the best path forward for its shareholders.

Oracle Co-CEO Mark Hurd Dies at 62

Mark Hurd, the co-CEO of Oracle and former HP chief, passes away at the age of 62, leaving a significant void in the tech industry.

HP CEO Weisler Steps Down for Family Health Reasons, Lores Takes Over

HP CEO Dion Weisler steps down due to a family health matter, with longtime executive Enrique Lores taking the helm. The leadership change accompanies a mixed third-quarter earnings report that beats profit estimates but narrowly misses revenue targets.