Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed 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 are going into the supercomputer that xAI is building," Musk said in an X post, adding that Super Micro will also be involved.
Dell shares climbed more than 3% in premarket trading, while Super Micro popped roughly 5%.
The technology would potentially help Tesla develop the computer vision and large language models needed for robots and autonomous vehicles.
Michael Dell, CEO of Dell, said Wednesday in an X post that his firm is building a "Dell AI factory" with Nvidia to power Musk's AI bot Grok.
Persons:
Elon Musk, Tesla, Musk, Michael Dell
Organizations:
SpaceX, X Holdings Corp, Milken Institute's Global, Beverly Hilton Hotel, Dell Technologies, Micro Computer, Dell, Microsoft, Google, Nvidia
Locations:
Beverly Hills , California, Buffalo , New York, Austin , Texas