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Dell intends to reach a $5 billion AI server deal with xAI, a company owned by Musk.
According to BlockBeats news, on February 15th, Dell plans to provide Elon Musk’s xAI with $5 billion worth of AI servers, which will be equipped with Nvidia GB200 GPU and are expected to be delivered by 2025. As a result of this news, Dell’s stock price subsequently pumped 4%. xAI completed a $6 billion financing in December last year, with some of the funds used for purchasing GPUs.