May 21, 2024

Nvidia and Dell Forge Partnership to Expand AI Capabilities Globally 🫱🏽‍🫲🏻

Nvidia Corp. CEO Jensen Huang announced a strategic partnership with Dell Technologies Inc. aimed at bringing artificial intelligence (AI) capabilities to a broader range of customers, enabling businesses and organizations to create their own “AI factories.” Speaking at a Dell conference in Las Vegas, Huang emphasized the importance of providing comprehensive infrastructure, rather than just hardware, to support the complex needs of AI deployment.

Dell, a major provider of computing infrastructure to government agencies and businesses, complements Nvidia’s push into the broader market. Traditionally, Nvidia’s growth has been driven by a few major customers, including hyperscalers like Microsoft, Meta, Amazon, and Alphabet. By leveraging Dell’s extensive reach in storage, networking, and computing, Nvidia aims to spur demand for its AI products across a wider array of industries. This partnership also aligns with Nvidia’s expansion into software tools, computer design, and AI models, underscoring its commitment to innovation. Nvidia’s stock has soared over 90% this year, reflecting strong market confidence as the company prepares to report a 243% increase in sales for the latest quarter.

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