HP Inc.

R2 Semiconductor Files New Patent Infringement Lawsuit Against Intel In France

Retrieved on: 
Monday, April 8, 2024

The filing comes shortly before the April 16 start of trial on the same European patent against Intel in the U.K.’s High Court of Justice, Patents Court in London.

Key Points: 
  • The filing comes shortly before the April 16 start of trial on the same European patent against Intel in the U.K.’s High Court of Justice, Patents Court in London.
  • R2’s lawsuit in France is its latest action in defense of the groundbreaking patent covering integrated voltage regulation technology invented by R2 Founder and CEO David Fisher.
  • “The invention we are protecting in Germany, the U.K., and now in France, is protected by patent throughout all of Europe.
  • R2 is fortunate to have the means to enforce our rights to stop this egregious behavior by Intel,” said R2 CEO David Fisher.

Hilco Streambank Overseeing Chapter 11 Sale of Action Face, Inc. 3D Avatar & Action Figure Technology Company Includes Assumable NBA Sublicense & HP 3D-Printing Agreement

Retrieved on: 
Saturday, April 6, 2024

NEW YORK, April 5, 2024 /PRNewswire/ -- Hilco Streambank (www.HilcoStreambank.com), a leading intellectual property advisory firm specializing in intangible asset valuation, advisory, and monetization services, announced that it is seeking offers to acquire the intangible assets of Action Face, Inc. Action Face is a pioneering technology company that has developed an AI-powered platform to create instant 3D selfie avatars and action figures of users for use in virtual and augmented realities. This is a turnkey opportunity with existing and assumable agreements with HP for 3D printing action figures and with the NBA for franchise sublicensing.

Key Points: 
  • This is a turnkey opportunity with existing and assumable agreements with HP for 3D printing action figures and with the NBA for franchise sublicensing.
  • The deadline to submit a bid to acquire the assets is April 16, 2024.
  • Through a partnership with HP's HyperX division, users can also purchase custom, 3D-printed action figures of themselves, delivered directly to their door.
  • The available intangible assets include the company's codebase supporting its full tech stack, registered trademarks, domain names, customer database, social media accounts, and a potentially assumable NBA sublicense and HP 3D-printing agreement.

Global Artificial Intelligence Market Expected to Grow to $1.3 Trillion by 2023

Retrieved on: 
Monday, March 18, 2024

A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.

Key Points: 
  • A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.
  • The report added: “The increasing adoption of autonomous artificial intelligence (AI) is driving the growth of the Artificial Intelligence Industry.
  • As technology advances and more industries recognize its benefits, the Artificial Intelligence (AI) Market size is poised for expansion, fostering innovation and new opportunities.”   Active A.I.
  • MarketsAndMarkets continued: “The exponential ai growth statistics of digital data from various sources presents immense opportunities for the AI market.

R2 Semiconductor Announces Two Important Updates in Intel Patent Infringement Case

Retrieved on: 
Monday, March 18, 2024

R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries of Intel Corp (“Intel”) (Nasdaq: INTC) and its customers, Dell Technologies (“Dell”) (NYSE: DELL) and Hewlett Packard Enterprise Company and HP Inc. (together “HP”) (NYSE: HPE and HPQ).

Key Points: 
  • R2 Semiconductor, a Third Point Ventures portfolio company (“R2”), today announced two important updates in its patent infringement case against German subsidiaries of Intel Corp (“Intel”) (Nasdaq: INTC) and its customers, Dell Technologies (“Dell”) (NYSE: DELL) and Hewlett Packard Enterprise Company and HP Inc. (together “HP”) (NYSE: HPE and HPQ).
  • Second, on Friday, R2 filed patent infringement lawsuits in Germany against Amazon Web Services EMEA SARL and Fujitsu Technology Solutions GmbH claiming both companies are infringing on the same patent.
  • As noted, the German Patent Court has already given its preliminary opinion that the patent is valid.
  • R2 filed patent infringement lawsuits against Amazon Web Services EMEA SARL and Fujitsu Technology Solutions GmbH in the Dusseldorf Regional Court in Germany, claiming both companies are using Intel chips that infringe on R2’s groundbreaking patent covering integrated voltage regulation.

Global Shipments of PC Workstations Shrank Nearly 9% in 2023, but Recovery Expected as Several Market Drivers Coalesce in 2024, According to IDC

Retrieved on: 
Wednesday, March 13, 2024

The COVID-19 pandemic initially helped to drive demand but later contributed to excess shipments, culminating in record volume of over 7.6 million in 2022.

Key Points: 
  • The COVID-19 pandemic initially helped to drive demand but later contributed to excess shipments, culminating in record volume of over 7.6 million in 2022.
  • The first half of 2023 thus saw a sharp contraction from weak demand and high channel inventory.
  • "For one, the market is still bigger than where things stood before the pandemic and is more resilient than the overall PC market.
  • IDC expects workstation shipments to grow 5.2% in 2024 as the market replenishes stock and prepares for refresh projects.

Connection Honored with HP Inc. Partner of the Year Award

Retrieved on: 
Tuesday, March 12, 2024

HP’s Partner of the Year Awards honor top-performing HP partners for exemplary achievements in growth and innovation.

Key Points: 
  • HP’s Partner of the Year Awards honor top-performing HP partners for exemplary achievements in growth and innovation.
  • Tim McGrath, President and CEO of Connection said, “Winning an HP Partner of the Year Award—and being recognized for our ability to help customers successfully deploy, integrate, and manage the latest technology—is an incredible honor.
  • Thank you to the entire HP team for partnering with Connection to help our customers achieve higher performance, more efficient collaboration, and greater security.
  • Congratulations on this well-deserved award!” said Scott Lannum, Vice President and General Manager of North America Commercial Channel Sales at HP Inc.

WBM Technologies Named 2024 HP Inc. Partner of the Year

Retrieved on: 
Tuesday, April 2, 2024

LAS VEGAS, April 2, 2024 /CNW/ - WBM Technologies has been named HP Inc.

Key Points: 
  • LAS VEGAS, April 2, 2024 /CNW/ - WBM Technologies has been named HP Inc.
  • Partner of the Year for Canada at the HP AMPLIFY Partner Conference in Las Vegas, NV.
  • "Congratulations to this year's Amplify Partner Conference award winner, WBM Technologies.
  • This award follows on the recognition of WBM Technologies as the HP Managed Print Services Partner of the Year for Canada in 2023, and the HP Smart Device Services Excellence Award in Predictive Analytics in 2021.

Laptop Market Size to Grow by USD 22.22 billion from 2024 to 2028, North America to occupy 42% market share, Technavio

Retrieved on: 
Monday, March 18, 2024

As internet access expands and gaming becomes more mainstream, the market for gaming laptops is poised for continued growth and innovation.

Key Points: 
  • As internet access expands and gaming becomes more mainstream, the market for gaming laptops is poised for continued growth and innovation.
  • Vendor Landscape - The global laptop market is fragmented, with the presence of several global as well as regional vendors.
  • By geography, the global laptop market is segmented into North America, Europe, APAC, South America, and Middle East and Africa.
  • The dual screen laptops market size is estimated to grow at a CAGR of 3.79% between 2022 and 2027.

NVIDIA and HP Supercharge Data Science and Generative AI on Workstations

Retrieved on: 
Thursday, March 7, 2024

LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- HP Amplify — NVIDIA and HP Inc. today announced that NVIDIA CUDA-X ™ data processing libraries will be integrated with HP AI workstation solutions to turbocharge the data preparation and processing work that forms the foundation of generative AI development.

Key Points: 
  • LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- HP Amplify — NVIDIA and HP Inc. today announced that NVIDIA CUDA-X ™ data processing libraries will be integrated with HP AI workstation solutions to turbocharge the data preparation and processing work that forms the foundation of generative AI development.
  • RAPIDS cuDF and other NVIDIA software will be available as part of Z by HP AI Studio on HP AI workstations to provide a full-stack development solution that speeds data science workflows.
  • “Pandas is the essential tool of millions of data scientists processing and preparing data for generative AI,” said Jensen Huang, founder and CEO at NVIDIA.
  • The close collaboration between HP and NVIDIA allows data scientists to streamline development by working on local systems to process even large generative AI workloads.

HP Harnesses Enterprise Color Quality Printing to Power Small Businesses

Retrieved on: 
Thursday, March 7, 2024

LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- Today at HP Amplify Partner Conference 2024, HP Inc. (NYSE: HPQ) announced the new HP Color LaserJet Pro 3000 series, the latest addition to its world-class office print portfolio. Designed for customers that require high performance in a small footprint, the new Color LaserJet 3000 series is the latest device powered by energy efficient TerraJet toner technology, enabling sharper colors and fast print speeds for growing businesses.

Key Points: 
  • LAS VEGAS, March 07, 2024 (GLOBE NEWSWIRE) -- Today at HP Amplify Partner Conference 2024, HP Inc. (NYSE: HPQ) announced the new HP Color LaserJet Pro 3000 series, the latest addition to its world-class office print portfolio.
  • "With our new Color LaserJet Pro 3000 series, featuring innovative TerraJet technology, we deliver exceptional color quality, professional speed, and energy efficiency in a compact design.
  • The new HP Color LaserJet Pro 3000 series delivers the tools small businesses need including:
    HP’s next generation toner technology, TerraJet, has a unique toner formula that enables richer and sharper colors.
  • The new HP Color LaserJet Pro 3000 series is part of a broader A3 and A4 portfolio that has been completely revamped for the hybrid office, offering consistent solutions for small businesses through enterprise customers.