🔔Dell Technologies announced that it will use Nvidia's high-performance GPUs to power xAI, the artificial intelligence startup founded by Elon Musk!🚀 Dell's AI Factory platform is a comprehensive service designed to scale AI. Using Nvidia's groundbreaking chips, it will enable xAI to train and run advanced AI models.
xAI was founded in 2023 with a mission to “understand the true nature of the universe” and has quickly established itself in the AI industry. The company raised up to $6 billion in its latest Series B funding round to support its ambitious plans, including plans to build the world's largest supercomputer.
This partnership between Dell and xAI is expected to play a significant role in the growth of xAI and the mainstream adoption of AI, thanks to the AI Factory platform and Nvidia's GPUs. AI Factory provides an intelligent suite of software and services so organizations can customize and accelerate their chatbots, digital assistants, and other AI-powered applications across a variety of use cases, from content creation and language search to code generation.
📈As of June 18, 2024, Nvidia's share price increased by 3.51% to $135.58. The company's market cap has reached $3.34 trillion, driven by rising demand for its AI-focused chips. Dell's share price also increased by 5.01% to $149.15, bringing its market value to $105.8 billion.
These collaborations have the potential to accelerate the adoption of AI across industries. What are you thinking? We are waiting your comments! 👇