Hewlett Packard Enterprise Co (NYSE:HPE) is seeing demand for its AI offering accelerate with the company exiting the fiscal third quarter with the largest AI and High Performance Computing (HPC) order book in the IT service provider’s history, CEO Antonio Neri said.
Neri told investors on a call following the release of the company’s earnings after the bell on Tuesday that its results for the quarter were driven by high-growth areas like AI and HPE’s cloud service GreenLake.
“We continue to see strong interest in our AI and supercomputing offerings from enterprise customers, who are incorporating AI into their businesses,” he said.
“This is translating into significantly higher demand for our HPC and AI business segment as customers discover HPE's unique capabilities to power unprecedented level of performance for AI at scale, including using our market-leading supercomputers built with sustainability in mind to train and tune their AI models.”
He added that AI momentum has helped grow HPE’s total order book, which is now at more than double pre-pandemic levels.
HPE shares traded modestly lower following its results, down 0.1% at US$16.82 in late morning trading on Wednesday.
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