Elon Musk’s artificial intelligence startup already depends on Nvidia’s chips. Now the reliance stands to become more extreme.

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.

Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston, Texas.

Recent developments in artificial intelligence have intensified the competition among tech giants, as Elon Musk's xAI unveiled Grok 3, which the company claims to be the most powerful AI model to date.

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.

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

Catch up on the top artificial intelligence news and commentary by Wall Street analysts on publicly traded companies in the space with this

Key Takeaways Dell Technologies is slated to report fiscal 2025 fourth-quarter results after the closing bell Thursday.Analysts expect year-over-year revenue growth, driven by the company's servers and networking solutions.

Dell launches simplified AI PC portfolio focused on core customer needsIssued by Dell TechnologiesJohannesburg, 25 Feb 2025Visit our press officeDell AI PC portfolio is built for personal and professional computing.