Dell is Close to a $5 Billion Deal! The Hardware Manufacturer is to Supply Server Components for Musk's xAI!
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The technology company Dell Technologies (DELL) is reportedly in the final stages of advanced talks with Elon Musk's xAI to provide the company with AI-capable server components, according to a Bloomberg News report from Friday, February 14, 2025. The contract is valued at a total of $5 billion. The share price ended Friday's trading with an increase of nearly 4% to $114.38. xAI needs supercomputers to develop its Grok AI models xAI was founded by Elon Musk in March 2023 and is his latest startup in the field of artificial intelligence, aiming,...
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