Hewlett Packard Enterprise
HPEQ3 2023Derived4% AI
AI Revenue %
4%
AI Fair Value
$1.1B
AI Revenue (Q)
$280.1M
Total Revenue (Q)
$7.0B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q3 FY2023 (ended July 31, 2023). Total net revenue was $7,002M. AI demand was accelerating by mid-2023. The FY2023 10-K filing reveals HPE added LLM-specific products and solutions: 'enabling customers to develop and deploy AI models, such as Large Language Models (LLMs) across training, tuning, and inferencing' and 'HPE GreenLake for LLMs.' The HPC & AI segment was seeing growing AI-specific demand. Estimated HPC & AI segment ~$900M with ~35% AI-specific = ~$315M. However, the 10-K later notes AI as an increasingly important demand driver. Math: $315M / $7,002M = 4.5%, conservative estimate 4.0%.
Analyzed by claude-opus-4-6
Quoted Figures
Total net revenue 7,002
10-Q Q3 FY2023, Condensed Consolidated Statements of Earnings
Our solutions are focused on enabling customers to develop and deploy AI models, such as Large Language Models (LLMs) across training, tuning, and inferencing
10-K FY2023, Item 1 Business Description (HPC & AI segment)
AI Products Identified (Ring 1)
HPE Cray EX supercomputersHPE Cray XD (Apollo)HPE GreenLake for LLMsHPE open-source ML platform
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Compute segment (ProLiant, Synergy)HPC workloads (non-AI)Transaction processing (NonStop)Mission-critical compute (Superdome Flex)
Confidence Tier
DerivedCalculated from reported segments primarily serving AI