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Penguin Solutions, Inc. addressed AI leaders in New York City this week, placing the spotlight on the true costs associated with artificial intelligence implementation.
The company hosted a session led by Jeff Chu during the Leaders in AI NYC 2026 event, encouraging business and technology stakeholders to examine the financial and operational realities of deploying AI systems. The discussion comes amid escalating industry investment in AI and growing concern over the total cost of ownership, from infrastructure to responsible scaling. Additional highlights from the conference were made available by Penguin Solutions, Inc. for those unable to attend.
Penguin Solutions, Inc. recently reported a 31.2 percent non-GAAP gross margin in the second quarter, raising its full-year outlook. The company previously deployed its Stratus ztC Edge platform to support MHI’s automated picking system, targeting improved logistics efficiency and stability in a recent rollout. These developments follow the company’s ongoing focus on AI and automation infrastructure.