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Hong Kong Oriental Red Group Partners with HPE to Establish Strategic Cooperation
2022-12-06 10:00:00

The Hong Kong Oriental Red Group (Here In The East) and HPE, an independent technology company under Hewlett Packard Enterprise, have announced a strategic partnership agreement. The two parties will jointly invest $500 million (approximately 3.6 billion RMB) to establish an artificial intelligence supercomputing center in Switzerland, aiming to provide powerful computational support to countries worldwide, including China. This collaboration marks an important step for the Oriental Red Group in the global computational network construction field and reflects the shared vision and cooperation intention of both parties in the fields of artificial intelligence and supercomputing.
 

 
Details and Plans of the Cooperation

According to the agreement, the Hong Kong Oriental Red Group and HPE will jointly invest $500 million, with the Oriental Red Group expected to invest $100 million for initial development in the first phase. This investment will be used to establish an advanced artificial intelligence supercomputing center in Switzerland, which will be equipped with cutting-edge computing equipment and technology to provide efficient and stable computational services to users worldwide.
 
Background and Significance of the Cooperation
With the acceleration of global digital transformation and the rapid development of artificial intelligence and big data technologies, the demand for high-performance computing resources is increasing. As the core support of artificial intelligence applications, computational power has become an important driving force for promoting technological innovation and economic development. However, the distribution of global computational resources is uneven, and in some emerging markets and developing countries, computational resources are still relatively scarce. The cooperation between the Oriental Red Group and HPE will help address this issue by establishing a supercomputing center in Switzerland to provide extensive computational services.
 
Highlights of the Cooperation
(1) Strong Alliance, Resource Sharing: The Oriental Red Group has a wide business network and deep market experience in Asia, especially in the Chinese market, while HPE is a leader in the global high-performance computing field with rich technological accumulation and industry experience. The cooperation will achieve complementary advantages and resource sharing, jointly promoting the development of artificial intelligence and supercomputing technology.
(2) Global Layout, Shared Benefits: By establishing a supercomputing center in Switzerland, the Oriental Red Group and HPE will jointly explore the global market, providing efficient computational services to countries, including China. This will not only help improve the utilization efficiency of global computational resources but also provide strong support for technological innovation and economic development in various countries.
(3) Technological Innovation, Service Upgrade: Both parties will work together to pursue technological innovation, continuously improving the computational power and service quality of the supercomputing center. By introducing the most advanced computing equipment and technology, the supercomputing center will be able to meet the diverse needs of different users, providing efficient and stable computational support and promoting the widespread application of artificial intelligence and big data technologies.
 
Future Outlook
This strategic cooperation is not only an important move for the Oriental Red Group and HPE in the fields of artificial intelligence and supercomputing but also lays a solid foundation for future collaboration in more areas. As the cooperation deepens, both parties will further integrate resources, enhance technical levels, and expand business scope, striving to provide better computational services to users worldwide.
 
The Chairman of the Oriental Red Group stated, "This cooperation with HPE is a significant step for us in the global computational network construction field. We believe that through our joint efforts, we can provide more efficient computational services to users worldwide and promote the development of artificial intelligence and big data technologies."
 
The CEO of HPE also said, "We are very pleased to enter into a strategic partnership with the Oriental Red Group. Both parties share a common vision and goals in the fields of artificial intelligence and supercomputing. Through this cooperation, we will further enhance our computational service capabilities and promote technological innovation and economic development."
 
Through this strategic cooperation, the Hong Kong Oriental Red Group and HPE will jointly promote the development of artificial intelligence and supercomputing technology, providing powerful computational support to users worldwide. In the future, both parties will continue to deepen their cooperation, innovate continuously, and strive to contribute more to global technological progress and economic development.