While artificial intelligence has been a significant growth driver for many tech companies, it is not the only pillar for growth in Hewlett Packard Enterprise's (HPE) arsenal. HPE CEO Antonio Neri joins Yahoo Finance Executive Editor Brian Sozzi to discuss how the computer company is leveraging its diverse portfolio to drive growth. Neri states that the primarily goal is to "always look how [we] can accelerate value for shareholders." Neri states a focus on relevancy and cites “three distinct growth engines” of the company: Intelligent edge, hybrid cloud computing, and AI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Hewlett Packard Enterprise (HPE) is doubling down on AI, announcing several AI and cloud-computing offerings, which includes an expanded partnership with Nvidia (NVDA). Yahoo Finance Executive Editor Brian Sozzi is joined by HPE CEO Antonio Neri at the ongoing HPE Discover event taking place in Barcelona. Neri says the expanded partnership will "now address the need of enterprise” and will eventually allow customers to use existing HPE infrastructure to help customers develop their own AI models using their own data. When it comes to the future of AI, Neri sees an opportunity for AI to be used in an “ethical and responsible way,” noting how remarkable the pace of AI technology growth has been. Taking a closer look at the company’s portfolio, Neri insists that the goal is to always look for “how to accelerate value” for shareholders. Maximizing value and cashflow is the name of the game, according to Neri, laying out “three, distinct growth engines” of the company: Intelligent edge, hybrid cloud, and AI. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Hewlett Packard Enterprise Company (NYSE:HPE) Q4 2023 Earnings Call Transcript November 28, 2023 Hewlett Packard Enterprise Company beats earnings expectations. Reported EPS is $0.52, expectations were $0.5. Operator: Good afternoon, and welcome to the Fourth Quarter 2023 Hewlett Packard Enterprise Earnings Conference Call. My name is Gary and I’ll be your conference moderator for today’s […]