Dell is close to securing a $5 billion AI server deal with Elon Musk’s xAI The servers, featuring Nvidia GB200 chips, may support xAI’s supercomputer Analysts predict Dell’s AI server revenue could hit $14 billion by 2026 We recently reported HPE had beaten Supermicro and Dell Technologies to win a $1 billion contract to supply servers optimized for AI work to Elon Musk’s X,
Dell Technologies is finalizing a $5 billion agreement to supply AI-optimized servers to Elon Musk’s artificial intelligence startup, xAI, according to a Bloomberg report. The contract, which is in its final stages,
Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk's xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the matter.
Two analysts on Wall Street expect Dell Technologies Inc. to provide lower earnings guidance when it reports earnings next week due to lumpiness in AI servers, but they remain bullish on its future.
Dell Technologies is reportedly nearing a $5 billion deal to provide xAI with servers optimized for artificial intelligence work.
We recently published a list of Top 10 AI News You Should Pay Attention To. In this article, we are going to take a look at where Dell Technologies Inc.
Getting back to Dell and its potential blockbuster deal with xAI, the company operates two segments: the Infrastructure Services Group (ISG), which supplies products to data centers, and the Client Services Group (CSG), which sells laptops, computers, and accessories to businesses and consumers.
Elon Musk’s artificial intelligence startup already depends on Nvidia’s chips. Now the reliance stands to become more extreme.
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Bank of America analysts lowered their price target on Dell Technologies Inc (NYSE: DELL) to $150 from $155 ahead of the company's fiscal Q4 earnings, citing near-term risks tied to AI servers. They maintained a Buy rating on the stock, reiterating their long-term optimism.