Dell Technologies (DELL) is in advanced stages of securing a deal worth more than $5B to provide Elon Musk’s xAI with servers optimized for artificial intelligence work, Brody Ford of Bloomberg reports, citing people familiar with the matter. Dell will sell servers containing Nvidia (NVDA) GB200 semiconductors to Musk’s startup for delivery this year, sources told Bloomberg. Shares of Dell are up 5%, or $5.13, to $115.28 in afternoon trading.
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