Dell Technologies Inc. is seeing its backlog swell thanks to new deals with xAI, Elon Musk’s artificial-intelligence company, and other AI players. While Dell DELL ended its fiscal year with a $4.1 billion backlog for AI servers,
Dell Technologies is reportedly nearing a $5 billion deal to provide xAI with servers optimized for artificial intelligence work.
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.
Dell Technologies Inc. is in advanced stages of securing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized for artificial intelligence work.
Shares of Dell Technologies Inc. were heading lower in extended trading today after the company reported fourth-quarter sales that came in below estimates and offered a mixed revenue outlook for the current quarter.
Discover Dell's Q3 outlook with focus on AI servers & PC recovery. Expectations include $2.52 EPS & $24.57B revenue.
Dell Technologies Inc. could sell more than $5 billion worth of artificial intelligence servers to xAI Corp., Bloomberg reported today. The paper’s sources said that discussions about the potential deal are in an advanced stage.
Dell shares jumped to a session high on Friday following a report saying Elon Musk’s startup xAI was getting ready to agree to buy $5 billion in artificial intelligence servers from the hardware maker.
Dell (DELL) reported fiscal fourth-quarter earnings that exceeded analysts’ expectations, as the PC and server maker benefitted from growing demand for artificial intelligence infrastructure. Dell posted adjusted earnings of $1.
Dell Technologies stock rose after the company posted better-than-expected earnings late Thursday. “Our prospects for AI are strong,” Dell Chief Operating Officer Jeff Clarke said in the news release.
Dell's AI-driven growth potential highlighted. Learn why DELL stock's partnerships and valuation make it a buy, with a 64.6% upside.