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Dell Rises After Company Nears $5B AI Server Deal With Musk's XAI - Report
Dell is close to reaching an agreement to sell AI Servers to xAI worth over 5 billion dollars.
Dell Technologies is in the later stages of negotiations to provide AI-optimized servers for Elon Musk's xAI, with the deal valued at over $5 billion. Sources who requested anonymity due to discussions of non-public information revealed that the company will sell servers containing NVIDIA GB200 Semiconductors to Musk's AI startup this year. Some insiders added that certain details are being finalized and may still change. The demand for computing power to run AI workloads is driving high-performance Server manufacturers like Dell, Super Micro Computer Inc., and others.
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