Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute Global Conference at the Beverly Hilton Hotel on May 6, 2024 in Beverly Hills, California.
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Shares of Dell Technologies And Super microcomputer rose on Thursday after Elon Musk announced that the two hardware makers will provide servers to help his artificial intelligence startup xAI develop a supercomputer.
“Dell is assembling half of the racks that will fit into the supercomputer that xAI is building,” Musk said in an X post, adding that Super Micro will also be involved.
Super Micro shares rose more than 8% in recent trading, while Dell gained 1%.
Musk has promised to build a $500 million “Dojo” supercomputer in Buffalo, New York, and a “super-dense, water-cooled supercomputer cluster” at the company’s factory in Austin, Texas. The technology would potentially help Tesla develop the computer vision and large language models needed for robots and autonomous vehicles.
Musk founded xAI last year as a challenger Microsoft-supports OpenAI and Alphabet’s Google. Musk was also a co-founder of OpenAI.
Dell CEO Michael Dell said in an X post on Wednesday that his company is building a “Dell AI factory.” Nvidia to power Musk’s AI bot Grok.
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2024-06-20 15:00:37
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