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HPE cuts 2,500 jobs, expects Juniper buy to close year-end ’25, faces tariff issues

AI systems backlog rose 29% quarter over quarter to $3.1 billion and total server revenue totaled $4.29 billion, Myers said. The company reported Intelligent Edge revenue was down 5% from the prior-year period to $1.1 billion, but Hybrid Cloud revenue was $1.4 billion, up 10% from the prior-year period. Then there’s the matter of HPE’s proposed $14 billion buy of…