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HOUSTON, Texas and SUNNYVALE, California – January 9, 2024 – Hewlett Packard Enterprise (NYSE: HPE) and Juniper Networks, Inc. (NYSE: JNPR), a leader in AI-native networks, today announced that the companies have entered a definitive agreement under which HPE will acquire Juniper in an all-cash transaction for $40.00 per share, representing an equity value of approximately $14 billion. The combination of HPE and Juniper advances HPE’s portfolio mix shift toward higher-growth solutions and strengthens its high-margin networking business, accelerating HPE’s sustainable profitable growth strategy. The transaction is expected to be accretive to non-GAAP EPS and free cash flow in the first year post close. The acquisition is expected to double HPE’s networking business, creating a new networking leader with a comprehensive portfolio that presents customers and partners with a compelling new choice to drive business value. The explosion of AI and hybrid cloud-driven business is accelerating demand for secure, unified technology solutions that connect, protect, and analyze companies’ data from edge to cloud. These trends, and AI specifically, will continue to be the most disruptive workloads for companies, and HPE has been aligning its portfolio to capitalize on these substantial IT trends with networking as a critical connective component. Combining HPE and Juniper’s complementary portfolios supercharges HPE’s edge-to-cloud strategy with an ability to lead in an AI-native environment based on a foundational cloud-native architecture. Together, HPE and Juniper will provide customers of all sizes with a complete, secure portfolio that enables the networking architecture necessary to manage and simplify their expanding and increasingly complex connectivity needs. Leveraging industry-leading AI, the combined company is expected to create better user and operator experiences, benefitting customers’ high-performance networks and cloud data centers. Through its suite of cloud-delivered networking solutions, software, and services including the Mist AI and Cloud platform, Juniper helps organizations securely and efficiently access the mission-critical cloud infrastructure that serves as the foundation of digital and AI strategies. The combination with HPE Aruba Networking and purposely designed HPE AI interconnect fabric will bring together enterprise reach, and cloud-native and AI-native management and control, to create a premier industry player that will accelerate innovation to deliver further modernized networking optimized for hybrid cloud and AI. Upon completion of the transaction, Juniper CEO Rami Rahim will lead the combined HPE networking business, reporting to HPE President and CEO Antonio Neri. “HPE’s acquisition of Juniper represents an important inflection point in the industry and will change the dynamics in the networking market and provide customers and partners with a new alternative that meets their toughest demands,” said Neri. “This transaction will strengthen HPE’s position at the nexus of accelerating macro-AI trends, expand our total addressable market, and drive further innovation for customers as we help bridge the AI-native and cloud-native worlds, while also generating significant value for shareholders. I am excited to welcome Juniper’s talented employees to our team as we bring together two companies with complementary portfolios and proven track records of driving innovation within the industry.” “Our multi-year focus on innovative, secure AI-native solutions has driven Juniper Networks’ outstanding performance,” said Rami Rahim, CEO of Juniper Networks. “We have successfully delivered exceptional user experiences and simplified operations, and by joining HPE, I believe we can accelerate the next phase of our journey. In addition, this combination maximizes value for our shareholders through a meaningful all-cash premium. We look forward to working with the talented HPE team to drive innovation for enterprise, service provider and cloud customers across all domains, including campus, branch, data center and the wide area network.” Compelling Strategic Benefits· Compelling pro forma financial profile. In addition to the expected non-GAAP accretion, the combined company is expected to have attractive top- and bottom-line growth opportunities immediately and in the long term.· Positions HPE for long-term growth for shareholders and greater investment capacity. With Juniper, HPE’s portfolio will be weighted toward higher-growth, higher-margin businesses with large free cash flow potential, positioning HPE to enhance shareholder return and enabling additional investments in high-growth areas, such as AI and cloud. On a pro forma basis, the new networking segment will increase from approximately 18% of total HPE revenue as of fiscal year 2023 to approximately 31%[1] and contribute more than 56%1,[2] of HPE’s total operating income.· Complementary capabilities to deliver next-generation AI-native networking and enable new digital experiences through secure, intelligent connectivity. Networking will become the new core business and architecture foundation for HPE’s Hybrid Cloud and AI solutions delivered through our HPE GreenLake hybrid cloud platform. The combined company will offer secure, end-to-end AI-native solutions that are built on the foundation of cloud, high performance, and experience-first, and will also have the ability to collect, analyze, and act on aggregated telemetry across a broader installed base. This will drive even better end-user experiences and streamlined network operations for our customers.· Accelerates HPE’s strategic evolution and expands total addressable market. The acquisition increases the scope of HPE’s networking business and will create meaningful opportunities to provide even more comprehensive solutions to Juniper’s installed base of enterprise customers, communication service providers and tier-one cloud customers, as well as launches HPE into adjacent large segments, including data center networking, firewalls, and routers. It also grows Juniper’s footprint in data centers and cloud providers. Transaction Details and ApprovalsUnder the terms of the agreement, which has been unanimously approved by the Boards of Directors of HPE and Juniper, Juniper shareholders will receive $40.00 per share in cash upon the completion of the transaction. The purchase price represents a premium of approximately 32% to the unaffected closing price of Juniper’s common stock on January 8, 2024, the last full trading day prior to media reports regarding a possible transaction. The transaction is expected to be funded based on financing commitments for $14 billion in term loans. Such financing will ultimately be replaced, in part, with a combination of new debt, mandatory convertible preferred securities, and cash on the balance sheet. The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals, approval of the transaction by Juniper shareholders, and satisfaction of other customary closing conditions. The combination is expected to achieve operating efficiencies and run-rate annual cost synergies of $450 million within 36 months post close. Strong growth in free cash flow, along with maintenance of capital allocation policies, are expected to provide sufficient room to reduce leverage to approximately 2x in two years post close. Following the completion of the transaction, HPE will continue its innovation and go-to-market investments in its networking business, one of its growth engines.
Hewlett Packard Enterprise（NYSE: HPE）宣佈與NVIDIA擴大策略合作，共同打造適用於生成式人工智慧（GenAI）的企業運算解決方案。透過此共同開發並預先配置的AI調校和推論解決方案，各規模企業皆能加速使用私有資料自訂基礎模型，並在邊緣至雲端的任何地方部署生產力應用程式。其採用HPE和NVIDIA的全堆疊AI調校和推論解決方案可以消除開發和部署生成式人工智慧 （GenAI） 基礎架構帶來的複雜性。企業為對話式搜尋、業務流程自動化和內容創作等使用案例開發和部署生成式AI模型時，需要能夠迅速在業務所需地方部署的軟體和基礎架構堆疊。這個專為生成式AI打造的全新企業運算解決方案象徵HPE和NVIDIA擴展其合作關係，共同為客戶提供全堆疊、開箱即用的AI解決方案。其整合HPE機器學習開發環境（HPE Machine Learning Development Environment Software）、HPE Ezmeral軟體、HPE ProLiant運算設備、HPE Cray超級電腦與NVIDIA AI Enterprise軟體套件，包含NVIDIA NeMo架構。「HPE和NVIDIA在市場上具有獨特的優勢，藉由此合作，能為企業組織提供完整的AI原生解決方案，透過一系列預先配置的解決方案，大幅簡化開發和部署AI模型的流程，」HPE總裁暨執行長Antonio Neri表示。「HPE和 NVIDIA的策略合作將有效降低客戶在利用AI進行業務轉型時所面臨的障礙。」「生成式AI的時代正全速發展，企業無不爭相重塑公司業務，」NVIDIA創辦人暨執行長Jensen Huang表示。「透過與HPE擴大合作，我們可以協助企業利用與業務資料連結的AI應用程式獲得前所未有的生產力，進而提供精準的支援、資訊化聊天機器人和語意檢索功能。」利用專門打造的AI調校和推論解決方案提升AI即時性此款專為生成式AI打造的企業運算解決方案是全新的AI調校和推論的資料中心解決方案，能為各規模企業提供理想的入門點，協助其透過開箱即用的解決方案迅速展開AI之旅。透過此解決方案，企業可以使用預先訓練的基礎模型以及私有資料來創建生產力應用程式，例如AI聊天機器人。此外，檢索增強生成（RAG）工作流程也進一步提高應用程式的資料品質和準確性。 ● 專為AI打造且最佳化：此解決方案採用機架等級的架構，並搭載市場領先的HPE ProLiant運算設備DL380a、預先配置的NVIDIA L40S GPU與NVIDIA BlueField-3 DPU，以及NVIDIA Spectrum-X乙太網路平台，為超大規模AI提供支援。此解決方案的規模可以微調一個700億參數的Llama 2模型，包括16台HPE ProLiant DL380a伺服器和64個 L40S GPU。 ● HPE的AI軟體：HPE機器學習開發環境具有全新的生成式AI工作室功能，可以快速建置原型和測試模型。HPE Ezmeral軟體則具有新的 GPU 感知（GPU-aware）功能，可以簡化部署和加速混合雲AI工作負載的資料準備。 ● NVIDIA的AI軟體：NVIDIA AI Enterprise可以加速開發及部署生產力AI應用程式，並兼顧安全性、穩定性、易管理性和支援。其提供NVIDIA NeMo框架、防護工具組、資料統籌工具和預先訓練的模型，可協助簡化企業GenAI的流程。 HPE Services助企業展開AI之旅如今HPE Services提供諮詢、人才培訓和解決方案部署等廣泛的服務。全新的AI服務會引導客戶完成從GenAI和LLM的探索到執行的完整流程，讓客戶可以開發最佳的操作模型和混合雲資料策略，以建置、部署和擴展解決方案，進而創造革命性的成果。HPE已在西班牙、美國、保加利亞、印度和突尼西亞開設新的全球人工智慧及資料卓越中心（Centers of Excellence）並支援這些全面性服務。HPE 攜手NVIDIA 提供加速AI 訓練之全新整合方案HPE於SC23國際研討會上宣佈專為大型企業、研究機構和政府機構設計，並採用NVIDIA技術的全新整合方案。其能協助企業組織在AI生命週期的第一階段開發和訓練基礎模型。此專為生成式AI打造的小型化企業運算解決方案，適用專注於AI調校和推論的企業客戶。加速AI模型開發和部署的全新AI原生架構和混合雲解決方案HPE已於HPE Discover Barcelona 2023發布全新的開放式全堆疊AI原生架構和新系列的AI原生與混合雲產品，以應用於機器學習開發、資料分析、AI最佳化檔案儲存、AI調校和推論以及專業服務。上市時間專為生成式AI打造的企業運算解決方案將於2024年第一季開放訂購。
BEIJING, Dec. 4, 2023 /PRNewswire/ -- Cheetah Mobile Inc. (NYSE: CMCM) ("Cheetah Mobile" or the "Company"), a leading internet company, today announced that the Company, through two of its wholly-owned subsidiaries, has acquired an aggregate of 35.17% equity interest of Beijing OrionStar Technology Co., Ltd. ("Beijing OrionStar") from certain of the existing shareholders of Beijing OrionStar, including Mr. Sheng Fu, chief executive officer and director of the Company (the "Transaction"). The Company previously held a 37.74% equity interest in Beijing OrionStar prior to the completion of the Transaction. In connection with the Transaction, the Company paid an aggregate cash consideration of approximately US$37.6 million to the selling shareholders of Beijing OrionStar, including approximately US$1.1 million to Mr. Fu. The Transaction was approved by the board of directors of the Company (the "Board") and the audit committee of the Board. Upon completion of the Transaction, Mr. Sheng Fu ceased to be a direct shareholder of Beijing OrionStar and the Company's equity interest in Beijing OrionStar increased to 72.91%. As a result, the Company will consolidate the financial results of Beijing OrionStar into its consolidated financial statements starting in December 2023. Founded by Mr. Fu, Beijing OrionStar is a service robot provider headquartered in Beijing with focusing on the research and development of artificial intelligence ("AI"). Having made large-scale investments in the research and development of AI technology since 2016, Beijing OrionStar has independently developed a full range of AI technologies, including automatic speech recognition, computer vision, and indoor navigation, as well as acquiring significant capabilities in the research and development of service robot operating systems, application development, and the design and manufacturing of full-stack hardware for service robots. These proprietary technologies have allowed Beijing OrionStar to introduce to global markets a diverse array of smart service robots with interactive guest greeting, smart delivery and dual-armed collaborative capabilities, among others. Beijing OrionStar has established a robust sales network for its delivery robots and speech interaction robots in China. Notably, Beijing OrionStar's five successful product bids at the 2022 Beijing Winter Olympic Games ranked first among service robot companies. In addition, Beijing OrionStar started to expand its international footprint in 2021, entering into strategic cooperation agreements with large clients in Japan and South Korea to penetrate related markets, as well as forging partnerships with distributors in Europe and the United States. At the beginning of 2023, Beijing OrionStar launched Juyan, a large language model ("LLM") technology application that provides a one-stop solution for LLM consulting and AI services for enterprise customers, enabling enterprises to apply LLM technology, digitalize employees and improve operational efficiency. Beijing OrionStar has entered into contracts with a number of customers for Juyan. At the same time, Beijing OrionStar is in the process of independently researching and developing LLM and empowering its robotics business with LLM technologies. It has upgraded its family of intelligent service robots to LLM service robots, promoting the smart digitalization of real economy and use cases. Mr. Fu, chief executive officer and director of the Company, commented, "We are pleased to announce the successful completion of this transaction and the Company's increased stake in Beijing OrionStar. Through this transaction, the AI technology strengths accumulated by Beijing OrionStar will allow Cheetah Mobile to access the business chain from AI and large language models to end use cases and applications, and complete the transition of its core business from the Cheetah Browser in the PC era to Clean Master in the mobile era, further to AI native applications in the artificial general intelligence ("AGI") era. The Transaction was based on the following four considerations: First, at the first anniversary of the explosion in the LLM space, the industry is in a critical stage of transformation for AI applications and productization. Cheetah Mobile needs to have an unwavering commitment to a future in AI. Second, Cheetah Mobile and Beijing OrionStar have unique strengths with substantial synergies: (i) Cheetah Mobile's excellence in making tool applications, and (ii) Beijing OrionStar's focus on AI technology research and development for seven years and its resulting proprietary full-chain AI technology. Beijing OrionStar's history and insights into real-life use cases and scenarios has allowed it to establish a substantial sales network of business customers, which will be immensely helpful to Cheetah Mobile going forward. Third, the current competitive environment has seen many companies investing heavily in AI. This transaction allows Cheetah Mobile to centralize AI resources and further amplify and maximize its own AI advantages, strengthening its competitive position in the AGI era. Fourth, Cheetah Mobile is optimistic about the immense potential of the service robot market in the LLM era. LLM models have significantly upgraded the service robot brain to better complete repetitive tasks required by users in specific scenarios. We believe that a greater market opportunity for service robots has arrived. As a result of the foregoing, the acquisition of a controlling stake in and integration of Beijing OrionStar provides Cheetah Mobile with a long-term growth engine in the LLM and AGI eras." About Cheetah Mobile Inc. Cheetah Mobile is a China-based IT company. It has attracted hundreds of millions of users through an array of internet products and services on PCs and mobile devices. The Company provides advertising services to advertisers worldwide, value-added services including the sale of premium membership and in-app virtual items to its users as well as multi-cloud management platform to companies globally. Cheetah Mobile is also committed to leveraging its cutting-edge artificial intelligence technologies to power its products and make the world smarter. It has been listed on the New York Stock Exchange since May 2014. Safe Harbor Statement This press release contains forward-looking statements. These statements, including management quotes and business outlook, constitute forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Such statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in the forward-looking statements, including but are not limited to the following: Cheetah Mobile's growth strategies; Cheetah Mobile's ability to retain and increase its user base and expand its product and service offerings; Cheetah Mobile's ability to monetize its platform; Cheetah Mobile's future business development, financial condition and results of operations; competition with companies in a number of industries including internet companies that provide online marketing services and internet value-added services; expected changes in Cheetah Mobile's revenues and certain cost or expense items; and general economic and business condition globally and in China. Further information regarding these and other risks is included in Cheetah Mobile's filings with the U.S. Securities and Exchange Commission. Cheetah Mobile does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law. Investor Relations Contact Cheetah Mobile Inc.Tel: +86 10 6292 7779Email: ir@cmcm.com
DUBAI, UAE, Oct. 19, 2023 /PRNewswire/ -- From October 16th to 20th, GITEX Global 2023 was grandly launched in Dubai. H3C debuted as an exhibitor at the event, and successfully held the H3C Tech Summit 2023 on October 18th. Over 200 business leaders and technical experts from the Middle East and global technology industries gathered to focus on the future of digital technology innovation and explore new paths in AI development. Wen Bing, Co-president of Tsinghua Unigroup, and Gary Huang, Co-president of H3C and President of International Business, were present at the event. Tony Yu, President & CEO of H3C Tony Yu, President & CEO of H3C, kickstarted the event with a welcome speech as an AI-generated digital figure. Yu first reviewed the layout and planning of H3C's international market. He stated that at the NAVIGATE International Business Summit held this February, H3C shared three major visions for its international business: firmly believing in the power of digital economy development, adhering to the strategy of global development, and a long-term commitment to "Partner First" strategy. Under the guidance of these visions, H3C has continued to expand in the international market and have launched five scenario-based solutions: Synergy Working, Innovative Education, Smart Manufacturing, Efficient Healthcare and Reliable Public Services, ensuring timely and efficient provision of local sales and services to global customers and better meeting the global pursuit of a better digital life. "Currently AI technology is changing the world, and the era of intelligence is just around the corner. Thanks to the forward-looking 'AI in ALL' strategy, H3C has launched a range of products and solutions in the field of AIGC including the LinSeer, an AI-powered private large-language model. We are committed to leveraging leading digital infrastructure and AI capabilities to better benefit the people. Looking towards the future, we have the confidence and capability to become the best global partner in the digital transformation of the intelligent new era," noted Yu. Wen Bing, Co-president of Tsinghua Unigroup In this rapidly changing era, the power of technology is everywhere, and the development of technology has made our lives more digital and intelligent. Wen Bing, Co-president of Tsinghua Unigroup, delivered a keynote speech titled "Better Life with Advanced Technology". He used the story of a young professional's life in Suzhou, China as an example to describe how digital technology deeply infiltrates every corner of our lives. He emphasized its profound and transformative impact. He noted that Tsinghua Unigroup always insists on innovative development, empowers customers in all industries, and aims to improving the quality life and empowering the intelligent society. In the future, Tsinghua Unigroup and H3C will continue to adhere to internationalization and marketization, customer-oriented, and cooperate with more partners to build a digital world that is more intelligent, more open-minded, more fair, and more Splendour, letting the light of science and technology brighten human life. Gary Huang, Co-president of H3C and President of International Business Gary Huang, Co-president of H3C and President of International Business, addressed in his keynote speech that more and more enterprises have deeply realized that AI (artificial intelligence) will become a key technology leading human society into a new era. So, how to ensure that products can adapt well to the application of AI? For this, H3C launched AIGC Openness Strategy to further optimize the energy efficiency performance of the infrastructure, accelerate technology to empower green and sustainable development, and closely cooperate with customers and partners, work together to make AI applications and sustainable technologies create greater value, serve all mankind, and make all imaginations a reality. From "AI in ALL" to "AI for ALL", Applying AI technology in all industries At the conference, industry experts and corporate leaders from various countries shared their insights on the innovation and progress of cutting-edge artificial intelligence technology, showcasing application cases of digital technology in Innovative Education, Smart Manufacturing, Efficient Healthcare, Reliable Public Services, and other scenarios, bringing new values and thoughts to the attendees. In the field of Innovative Education, Ashik Abdul Jaleel, Senior IT Infrastructure Manager of Alef Education, UAE, shared a case of Alef Education and H3C jointly assisting the digital transformation of K12 education in the UAE. In the process of network construction, H3C adopted the NFV network architecture, supporting the unified management of physical and virtual networks, meeting the networking needs of different application scenarios with flexible and elastic product combinations, and greatly reducing the complexity of operation and maintenance with a highly open and reliable management approach. Charl Edward Harding, CEO of The Impact Catalyst, South Africa, also made an excellent speech, detailing the measures and achievements of the Limpopo, Northern Cape and Mpumalanga Provinces in South Africa in promoting socio-economic growth through government-enterprise cooperation. The Impact Catalyst is an initiative founded by Anglo American, the CSIR, Exxaro, World Vision South Africa, to create mechanisms that drive large-scale, socio-economic development initiatives through public-private partnerships. The initiatives will be designed to leverage collaboration across all sectors and will be selected for impact beyond the scale of individual participants. The project plans to implement Wi-Fi connectivity across rural communities in selected schools with the goal of achieving 1000 schools. So far, it has completed network access for 300 schools in collaboration with H3C. This not only provides opportunities for students, community members, and small businesses to access information and digital technologies, but also has a positive impact on the development of schools, communities, and even the entire South African nation. In the field of Smart Manufacturing, Mohamed Elmetwaly, Director of Procurement at Mobco Group in Saudi Arabia, stated that before the cooperation on the Sindalah Island development project, H3C laid a solid foundation for the cooperation with its leading position in the ICT market, mature technical conditions, high-quality services, and rich cooperation experience. During the project advancement process, its secure and flexible digital architecture and high-quality, stable network experience provided reliable support for efficiency improvement and digital transformation. In the field of Efficient Healthcare, Dr. Mustafa Hasan Qurban, the CIO of King Fahad Military Medical Complex (KMFFC), Kingdom of Saudi Arabia, expressed his gratitude to H3C. He stated that with the help of H3C's smart hospital solution, KMFFC has completed the digital upgrade of the digital center, realizing data communication and sharing among four hospitals in the eastern region, significantly improving the work efficiency of medical staff, and enabling the medical center to provide better medical services for patients. In the field of Reliable Public Services, Murat Çelik, IT Systems Manager of the Court of Cassation (Yargıtay) in The Republic of Türkiye, shared the strong connection with H3C in constructing a new campus. H3C's smart campus solution has revolutionized the traditional way of network configuration with switches, adopting a new architecture for digital innovation in campus management, operation, and digital platform construction. By using the advanced AD-Campus 6.0 SDN technology, the core value of improving quality and efficiency, and reducing costs in a smart campus has been unleashed. Based on the new opportunities brought by AIGC, H3C actively practices the strategy from "AI in ALL" to "AI for ALL", integrates AI into all hardware and software products, covers all scenarios with technology, and helps all industries to upgrade intelligently. Qiao Yan, Vice President of H3C International Business, GM of the Product Solution and Marketing Qiao Yan, Vice President of H3C International Business, GM of the Product Solution and Marketing, launched a series of new flagship products, including the AI server specially designed for large-scale model training, the 800G silicon photonic datacenter switches, and H3C AMPHA Computing Power Platform, which once again demonstrated H3C's resonance with market demand and its excellent practice of continuously promoting digital transformation in all industries. Collaborating with Partners to Build an Open and Win-Win Ecology During the MOU signing ceremony, Gary Huang, Co-president of H3C and President of International Business, signed strategic cooperation agreements with four customers and partners including Mobco Group, Riphah International University, The Impact Catalyst and China Mobile Pakistan (CMPak). Through the partnership, H3C and partners have officially established a close cooperation relationship, which laid a solid foundation for accelerating response speed and service capabilities to local customers and partners, promoting deep integration of products, solutions, and local technology ecology, and driving digital transformation in all industries in the region. As one of H3C's global strategic eco-partners, Hans Chuang, VP, Sales, Marketing and Communications Group; GM, PRC Datacenter Sales; GM, PRC CoSP Business Consumption of Intel, delivered a keynote speech of "Bring AI Everywhere for a Smarter Digital Future", sharing Intel's innovation and development in the AI field and its cooperation prospects with H3C. Hans Chuang, VP, Sales, Marketing and Communications Group; GM, PRC Datacenter Sales; GM, PRC CoSP Business Consumption of Intel "The cooperation between Intel and new H3C has lasted for 7 years. Along the journey, Intel and H3C work closely on a full range of digital products and series of scenario-based solutions for vertical markets. Today we are applying our reach, scale, and resources to enable our customers to capitalize more fully on the power of digital technology. We hope to carry out more innovation corporations with H3C in the future and be together to do something wonderful for a better digital future." Since officially going overseas in 2019, H3C has been continuously planning and laying out in overseas markets. Its overseas business, as the second curve of the corporate income growth, shows an accelerating growth trend. Currently, the group has 1,882 certified partners overseas, has established 40 overseas spare parts centers, and its services cover 176 countries and regions. Since this year, H3C has achieved landmark results in the government, education, and carrier industries in Malaysia, Thailand, South Africa, Mexico, and other countries and regions in Central Asia. It has also actively carried out channel layout and cooperation in newly-expanded countries such as the UAE and KSA, achieving breakthrough outputs in many projects. Looking to the future, H3C will adhere to the concept of "Dedication, For A Smarter Future", get involved in the new era of intelligence, study Cloud & AI-Native technology in-depth, and strive to build a solid foundation, provide resources, and promote a "sustainable, innovative, and win-win" development model through the paths of underlying infrastructure, technological innovation, talent training, and industry integration, helping governments and industries around the world find a digital transformation path that suits local reality.
DUBAI, UAE, Oct. 18, 2023 /PRNewswire/ -- The 43rd edition of GITEX Global, one of the three largest technology conventions globally, kicked off grandly at the Dubai World Trade Centre. H3C made its debut as an exhibitor, bringing a suite of digital products and solutions based on Cloud & AI-Native technology, including high-performance servers for AIGC large-scale models, 800G silicon photonic switches, and a complete set of liquid cooling solutions. Notable products and solutions, including the Wi-Fi 7 Aps, the next-generation core switch 10500X-G, H3C 8K MagicHub and industry solutions of Synergy Working, Innovative Education, Efficient Healthcare, Smart Manufacturing and Reliable Public Service, were also showcased. Together with numerous tech executives from the Middle East and worldwide, H3C focused on hot topics such as AI, cloud computing, smart cities, and network security, jointly exploring the latest global tech trends and innovative opportunities in the Middle East. H3C Debuts at GITEX Global 2023 The GITEX Global 2023, a five-day event, has attracted over 6,000 exhibitors and 180,000 tech executives from 180 countries, thanks to Dubai's liberal economic policies and its advantageous geographical location. The five-day event serves as an important platform for industry insiders to grasp professional information, understand global technological trends, and promote cooperation. At this event, H3C, with the theme of "Dedication, For A Smarter Future", has exhibited its full-stack and full-scenario technology coverage surrounding "Cloud-Network-Computing-Terminal". Through the "AI in ALL" strategy, H3C showcased its commitment to providing "AI for ALL" — tailored AI solutions and partnership services across a multitude of industries. Gary Huang, Co-President of H3C and President of International Business communicated with the visitors at the site Seizing New Opportunities in the AIGC Era In the face of rapid global development and application in the field of AI, enterprises need to enhance their risk response capabilities, leverage AI to build a strong digital foundation, unearth data value, and achieve sustainable development. H3C actively embraces the AI era, providing reliable and high-performance basic platforms for AI implementation in various industries. It also cooperates with industry parties to develop AI applications, empower industry development, embed AI capabilities into products and solutions, allowing computing power to serve data governance, using the network to connect computing power, using datacenters to support the digital infrastructure, and making the whole digital platform well managed by O&M systems. Prioritizing Technological Progress to Create Intelligent Offerings The exhibition showcased H3C's routers, switches, and wireless flagship products, all of which represent efficient, agile, and secure computing modes combined with vast, flash storage modes, thereby establishing the cornerstone of H3C's key business systems. The S9827 series, which includes 800G switches and 800G photonic modules, have integrated advantages of large bandwidth, low latency, and lossless networks to meet the explosive demand of the AI era. The breakthrough Wi-Fi 7, with high speed, low latency, and multi-AP collaboration, brings a smart and fast experience, helping network construction step onto a new level. H3C 8K MagicHub overcomes the technical challenges of the entire 8K chain. It integrates ultra-high-definition 8K display, a detachable camera, video conferencing, and UI into one, achieving a technological breakthrough. Onsite communications Accelerating Digital Transformation in All Industries In addition to enhancing the embedding of AI technology in products, H3C is committed to driving the digital development of all industries with AI. Recognizing the benefits of digital transformation to society and the pressing needs of various industries, H3C has launched five key scenario-based solutions — Smart Manufacturing, Synergy Working, Innovative Education, Efficient Healthcare and Reliable Public Service targeting different scenarios accordingly, which can cover 176 countries and regions and provide localized sales and services to global customers promptly and efficiently. The robot arm of Smart Factory of H3C Deepening Global Cooperation to Build a Community of Shared Values During the event, H3C also held an MOU signing ceremony at the exhibition site. H3C executives signed strategic cooperation agreements with partners and end-users from the United Arab Emirates, Pakistan and Turkey. The agreements help set a solid foundation for H3C's further expansion into overseas markets and continuously shape the reputation and value on a global scale. On October 18th, the third day of GITEX Global, H3C will also host the H3C Tech Summit 2023, thoroughly introducing the "AI in ALL" technology strategy and heavy-weight product technologies, deeply interpreting the development and trends of technological changes in the AI era, and sharing the latest achievements and application scenarios in the field of digital technology with global leading industry partners. Every technological leap signifies a new round of industry and business transformation. H3C firmly believes in the infinite potential of digital economic development, adheres to the determination of international development, insists on the ecological strategy of "Partner First", and helps the global digital industry development and enables green and low-carbon social development with the principle of "Dedication, For A Smarter Future". Together with customers and partners, H3C is committed to building a more responsible, more inclusive, and sustainable world with the power of digits.
Rapid acceleration in IP creation and scientific knowledge drives growing acceptance of AI and ML in drug discovery and development United States and Mainland China continue to lead innovation and remain at the forefront of AI technology advancement for drug discovery LONDON, Sept. 27, 2023 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today released its annual Companies to Watch report. This year's report identifies seven innovators trying to change the drug discovery and development paradigm by utilizing innovative artificial intelligence (AI) and machine learning (ML) technologies. Drawing on data and analytics from BioWorld, published by Clarivate, paired with analysis of drug benefits, financing, R&D activity and more, this report explores why Clarivate believes these innovators stand out and what makes them companies to watch. Rapid innovation is occurring at key centres of excellence globally. The United States and Mainland China are leading the way in patent activity to use AI for drug discovery.1 Organizations in Mainland China recently outpaced U.S.-based patent activity in this area.2 India comes third, with all other countries having fewer than 200 filings.3 Researchers in these regions are integrating data sets to identify new treatment candidates that could change the therapeutic paradigm. Understanding publication history and creation of IP as benchmarks of early success and capabilities can provide guidance on the future potential of their inventions and best-fit investment or partnership opportunities. The report highlights companies leveraging AI and ML to tackle a range of long-standing issues in drug development including capitalizing on the rapidly expanding healthcare datasphere, understanding the underpinnings of disease biology, and maximising the recent advancements in computing power. From identifying novel targets to simulating how drugs will function in the human body, these companies are combining innovative technologies with therapeutic area expertise and data sets of partners to deliver more effective and safer medicines to market faster. Clarivate believes this year's Companies to Watch, are: AQEMIA – a next-generation pharmatech company, which uses unique quantum and statistical mechanics algorithms to fuel generative AI to design novel drug candidates. Auransa – an AI-native biopharma company which harnesses available data to discover highly intractable diseases with poorly understood biology, aiming to raise the standard of care for cancers by prioritizing both efficacy and tolerability in the drugs advanced through trials. Enveda Biosciences - focuses on the natural world for drug discovery. Enveda Biosciences leverages a combination of ML, metabolomics and automation to identify bioactive, plant-based molecules of interest to overcome the challenges inherent to both synthetic and natural product–based small molecule development. Pharos iBio – utilizes AI technology to develop treatments for refractory and rare diseases such as cancers and to identify novel therapies and repurpose existing therapies across the company's eight lead candidates that are undergoing preclinical or clinical evaluation. Quris-AI - combines patient-on-a-chip, AI and real-time nano-sensing technologies to predict the safety and efficacy of drug candidates in humans in a quick, effective and scalable manner. Relation Therapeutics - uses high-resolution biology, ML and clinical insights to discover transformational medicines. Both computational and experimental technologies are incorporated to better understand human biology and the causes of complex diseases. SandboxAQ – combines AI and quantum technology (AQ) to address some of the world's biggest challenges, including drug discovery for complex, undruggable targets and the limited accessibility of fast, accurate, and cost-effective medical imaging. Mike Ward, Global Head of Life Sciences and Healthcare Thought Leadership, Clarivate, said: "It is becoming increasingly clear that AI/ML is going to have a consequential impact on the discovery and development of new medicines. Many advances in AI/ML are taking place in young fast-moving start-ups and, in this report, we have sought to identify some of these companies that we believe might not yet have appeared on the radar screens at big pharma." Lynn Yoffee, Publisher, BioWorld said: "There are a lot of theoretical advantages AI will have related to the development of new human therapeutics, but BioWorld's sources are confirming that the realistic nearer-term impact of AI is the ability to quickly find the molecules that will work. This is key, as it's going to dramatically reduce the time it takes to bring candidates forward through clinical and regulatory reviews and, ultimately, help reduce the failure rate of new compounds." The substantial increase in scientific knowledge, IP and deal-making over recent years underpins the growing acceptance of the role of AI and ML in drug discovery and development. As an enabling platform, these technologies are poised to become an integral part of creating and delivering intelligence that will be key for strategic partnerships to maximize patient benefit and commercial success. To learn more about the AI/ ML Companies to Watch report, visit here. For more Drugs to Watch updates and analyses throughout the year, visit the Drugs to Watch web page and follow Clarivate for Life Sciences & Healthcare Twitter and LinkedIn. Methodology for the Companies to Watch Report Clarivate analysts assessed the changing AI/ML landscape with a variety of proprietary data sources, including: BioWorld™, Cortellis Clinical Trials Intelligence™, Cortellis Deals Intelligence™, Derwent Innovation™, Web of Science™ and other industry sources such as company announcements, filings and peer-reviewed publications. In selecting this year's AI/ML Companies to Watch, companies were weighted according to factors, such as: medical, business and scientific challenges these companies are attempting to solve; patient unmet need and/or burden of disease their solutions aim to address; demonstrated proof of concept and achievement of key developmental milestones; positioning in clinical trials; relationships with notable scientific and academic institutions; financial positioning, including funding secured, relationships with industry and institutional investors, financial runway and prospects for future fundraising or partnerships; and ownership and status of intellectual property (IP) estate. These and other Clarivate data sources provide high-quality, curated data for proprietary AI capabilities from Clarivate that form the mainstay of our intelligence solutions and services, including advanced search algorithms, bespoke consulting and predictive analytics (e.g., Drug Timeline & Success Rates™). Please note, Clarivate generated data featured in this report reflects findings prior to August 2023. The Companies to Watch 2023 AI/ML report is based on current expectations reflective of analysis by Clarivate of the data available, but actual results derived from companies featured in the Report and herein may differ. About Clarivate Clarivate™ is a leading global information services provider. We connect people and organizations to intelligence they can trust to transform their perspective, their work and our world. Our subscription and technology-based solutions are coupled with deep domain expertise and cover the areas of Academia & Government, Life Sciences & Healthcare and Intellectual Property. For more information, please visit www.clarivate.com. Media contact: Catherine DanielDirector External Communications, Life Sciences & Healthcarenewsroom@clarivate.com 1 Source: Clarivate, Derwent Innovation, 2023 2 Source: Clarivate, Derwent Innovation, 2023 3 Source: Clarivate, Derwent Innovation, 2023
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