Elon Musk On Nvidia Collaborator Powering ChatGPT Rival: 'Dell Is Assembling Half Of The Racks for xAI's Supercomputer'
Portfolio Pulse from Benzinga Neuro
Dell Technologies Inc (NYSE:DELL) and NVIDIA Corp (NASDAQ:NVDA) are collaborating to build an AI factory to power xAI's supercomputer, as confirmed by Elon Musk and Michael Dell. This factory will support Grok, xAI's generative AI chatbot, designed to rival OpenAI's ChatGPT. The partnership is seen as a pivotal move in the AI industry, with Dell assembling half of the racks for the supercomputer.
June 20, 2024 | 1:59 am
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NEUTRAL IMPACT
Elon Musk, CEO of Tesla and founder of xAI, confirmed Dell's involvement in assembling racks for xAI's supercomputer. While this news is more relevant to xAI, it highlights Musk's expanding influence in the AI sector.
While the news primarily pertains to xAI and its collaboration with Dell and NVIDIA, Elon Musk's involvement as the founder of xAI indirectly highlights his influence in the AI sector. However, the direct impact on Tesla's stock is minimal.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 20
POSITIVE IMPACT
Dell Technologies is partnering with NVIDIA to build an AI factory for xAI's supercomputer, supporting Grok, a generative AI chatbot. This collaboration is expected to enhance Dell's position in the AI industry and drive revenue growth.
The partnership with NVIDIA to build an AI factory for xAI's supercomputer is a significant development for Dell Technologies. It positions Dell as a key player in the AI industry and is likely to drive revenue growth, as evidenced by their recent 6% year-over-year revenue increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
NVIDIA is collaborating with Dell Technologies to build an AI factory for xAI's supercomputer, supporting Grok, a generative AI chatbot. This partnership is expected to further solidify NVIDIA's dominance in the AI chip market.
NVIDIA's collaboration with Dell Technologies to build an AI factory for xAI's supercomputer is a strategic move that reinforces its leadership in the AI chip market. The rising demand for NVIDIA chips in AI applications is likely to continue driving the company's growth.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100