Hewlett Packard Enterprise secures $1.2 billion AI infrastructure deal

Hewlett Packard Enterprise (HPE) has announced a $1.2 billion agreement with cloud provider Vultr to supply AI infrastructure. The deal utilizes the AMD Helios AI Rack, featuring 72 AMD Instinct MI455X GPUs per rack, AMD EPYC Venice CPUs, and AMD Pensando Vulcano AI NICs, integrated with HPE Juniper networking components.

In conjunction with this major contract, HPE has raised its growth expectations for its networking segment through 2029. The company is also preparing for its Networking Investor Day, scheduled for September 30, 2026, to provide deeper insights into its strategic direction for network architecture and platform consumption services. Following these announcements, HPE shares saw a pre-market increase of approximately 7.09%.