AI Is Driving Force for Revenue, HPE CEO Says

The transcript discusses HP's strong quarterly performance, highlighting a 9% revenue growth and a 38% increase in recurrent revenues. The company sees uneven demand in general compute but a significant rise in AI and Intelligent Edge. HP's AI revenue is being reported separately, with a notable $100 million from large AI deals. The company is leveraging its capabilities in supercomputers and exascale systems to stay competitive in the AI space. Despite concerns about clients being in the testing phase, HP has secured long-term commitments for AI capabilities, indicating future growth opportunities.

What was the percentage growth in HP's revenue during the strong quarter?

• 15%

• 5%

• 9%

• 12%

How much incremental revenue did HP book from large AI deals in the discussed quarter?

• $100 million

• $200 million

• $150 million

• $50 million

What is a key component of HP's AI offerings as part of their broader portfolio?

• AI OPS

• AI Cloud

• AI Analytics

• AI Security

What unique capability does HP have in the AI space?

• AI-driven marketing strategies

• Unique IP in GPU interconnect

• Cloud-based AI solutions

• Advanced AI algorithms

What concern do investors have about companies' interest in AI?

• High cost of AI implementation

• Lack of AI expertise

• Limited AI market potential

• Companies being in the testing phase