AI Index / HP Inc.
HP Inc. (HPQ)
HP Inc.'s main sources of revenue are from its Personal Systems and Print segments. The company is focusing on AI-powered capabilities with products like HP AI Companion, EliteBook X, and Omnibook Ultra Flip contributing to growth in the Personal Systems segment. In Print, innovations like HP Print AI also highlight the role of AI. While AI contributes significantly to enhancing product features and market competitiveness, it is not the sole direct revenue driver but plays an integral role in value creation.
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Location: US
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Market Cap: $28.8B
link
https://www.hp.com
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At our annual HP Imagine event in September, we showcased breakthrough experiences and platforms with new AI powered capabilities.
- Enrique Lores
Quotes from hp Executives About Artificial Intelligence and Generative AI
Our expanded AI, PC portfolio is now equipped with HP AI Companion, a bespoke application. The app uses generative AI to help analyze private files, create content or respond quickly to key tasks.
- Enrique Lores
For example, we are collaborating with Zoom to power AI Companion with on-device capabilities that can streamline meeting preparation, quickly locate relevant documents and automating key tasks based on in-meeting decisions.
- Enrique Lores
...we showed how we are making printing smarter with HP Print AI. It is the industry's first AI-powered intelligent print experience that simplifies and enhances printing.
- Enrique Lores
...we introduced the most powerful next-gen AI business notebook. The EliteBook X is ideal for tech experts and business consultants who run large applications for analysis. It is powered by an industry-leading 55 TOPS of NPU performance.
- Enrique Lores
...in fiscal year '25... At this point, we anticipate AI PCs will make up approximately 25% of our PC unit shipments in FY'25.
- [Unidentified Speaker]