HPE’s $1.2 billion order from Vultr puts its AI networking strategy to the test

Good morning. A $1.2 billion order from cloud provider Vultr gives Hewlett Packard Enterprise an early commercial win for its new AMD AI system and tests whether AI networking can become a faster-growing, higher-margin business.

HPE’s $1.2 billion order from Vultr puts its AI networking strategy to the test

TL;DR

  • Hewlett Packard Enterprise (HPE) received a $1.2 billion order from cloud provider Vultr.
  • The order is for HPE's new AMD AI system.
  • This deal represents an early commercial success for HPE's AI networking strategy.
  • The order will test the potential for AI networking to become a faster-growing, higher-margin business.

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