Key Takeaways
- Hewlett Packard Enterprise and Nvidia are extending their collaboration to boost HPE's artificial intelligence (AI) offerings.
- Hewlett Packard Enterprise said the products offered through the partnership will allow customers to become "AI-powered businesses."
- One Nvidia executive said the deal will help users "supercharge" what generative AI can do for them.
Hewlett Packard Enterprise (HPE) announced it's extending a collaboration with Nvidia (NVDA) to boost its reach into generative artificial intelligence (AI).
The company said the agreement will help create what it called the next series of AI-native and hybrid cloud offerings. The products will combine HPE’s hybrid cloud, supercomputing, and AI/machine learning software “to enable organizations to become AI-powered businesses,” the company said.
Hewlett Packard Enterprise Chief Executive Officer (CEO) Antonio Neri explained that with generative AI, enterprises are quickly realizing that “the data and computational demands to effectively run AI models require a fundamentally different approach to technology.” He said with this new technology from HPE, customers can develop AI models securely with their proprietary data.
Manuvir Das, Nvidia’s vice president of enterprise computing, said the agreement will help users “supercharge the power of generative AI.”
The HPE-Nvidia products are expected to be available in the early first half of next year.
After the Nvidia partnership extension was announced, shares of Hewlett Packard Enterprise were almost 2% higher Thursday afternoon. Nvidia shares declined more than 3%.