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Dell nears deal to sell $5 billion in AI servers to xAI

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Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk‘s xAI with servers optimized for artificial intelligence work, Bloomberg News reported on Friday, citing people familiar with the matter.

Shares of the company gained 4% after the report, which said Dell would sell servers containing Nvidia’s GB200 semiconductors to the AI startup for delivery this year.

Details are still being discussed and may change, the report added.

The AI server maker declined to comment. Representatives for Musk, who owns xAI, did not…

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