Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports
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.
Report: Dell close to inking $5B+ AI server deal with xAI
It’s believed Dell could deliver the servers to xAI later this year. Analysts cited by Bloomberg estimate that the hardware maker’s AI server sales will reach $14 billion in the 12 months through January 206, which would represent a 40% year-over-year increase. Dell shares closed 3.75% higher today on the report.
Elon Musk's AI startup xAI plans to continue using 15 gas turbines to power its "Colossus" supercomputer in Memphis, ...
AI has filed for a permit with the Shelby County Department of Health that would allow for 15 gas turbines to operate 24/7 at ...
On Tuesday, Memphis City Council members delayed a vote for a land purchase agreement with xAI for its proposed greywater ...
xAI wants to use the land for its "Colossus Water Recycling Plant." xAI is offering $820,000 to purchase 13 acres south ...
The request represents a rare public hearing for xAI since the project was announced in June 2024. xAI chose to forgo ...
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