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Dell Technologies Inc. (NYSE: DELL) is a global leader in providing essential infrastructure for organizations to build their digital future, transforming and protecting their most valuable asset - information. Based in Round Rock, Texas, Dell Technologies is a broad-based information technology vendor, primarily focused on premium personal computers and enterprise on-premises data center hardware. The company holds top-three positions in its core markets, including personal computers, peripheral displays, mainstream servers, and external storage.
At its core, Dell Technologies offers a diverse portfolio of products and services, encompassing high-performance PCs, secure and scalable storage solutions, multifunctional servers, and advanced data protection systems. The company's infrastructure solutions, such as Dell PowerScale storage and Dell PowerProtect data protection, are designed to meet the increased IT demands for AI modeling, validation, and secure data management.
Recent notable achievements include a groundbreaking partnership with Subaru to enhance driver safety using AI and high-performance storage. Subaru's deployment of Dell PowerScale systems has significantly advanced its EyeSight Driver Assist Technology, making driving safer by integrating, analyzing, and utilizing vast amounts of data effectively.
Financially, Dell Technologies has shown resilience in a fluctuating market, reporting $22.3 billion in revenue for its fiscal 2024 fourth quarter, with significant growth in AI-optimized servers. Despite a year-over-year revenue decline, the company's strong cash flow from operations and an increased annual dividend demonstrate its solid financial health and commitment to returning value to shareholders.
Dell Technologies continues to drive innovation through strategic partnerships and robust product offerings. Collaborations with leading organizations like Northwestern Medicine and Hyundai AutoEver showcase Dell's commitment to leveraging AI and edge computing in advancing healthcare and manufacturing processes. Furthermore, the company's expansive edge partner ecosystem and introduction of Dell NativeEdge Blueprints offer enhanced capabilities for managing AI and machine learning applications at the edge.
Environmental, Social, and Governance (ESG) efforts are central to Dell's mission, focusing on driving positive impacts for people and the planet while delivering long-term value. The company is actively improving its sustainability practices, aiming to reduce carbon footprints, enhance data protection, and support innovative healthcare solutions.
Overall, Dell Technologies Inc. is well-positioned to continue leading in the information technology sector, driving digital transformation and providing comprehensive solutions that meet the evolving needs of businesses and individuals worldwide.
Dell Technologies (NYSE: DELL) has announced that Arthur Lewis, president of Infrastructure Solutions Group, will participate in a fireside chat at the UBS Global Technology and AI Conference in Scottsdale, Arizona. The presentation is scheduled for Tuesday, December 3, 2024, at 2:15 p.m. MT / 4:15 p.m. ET.
Investors and interested parties can access both the live webcast and replay of the conference presentation through Dell Technologies' Investor Relations page at investors.delltechnologies.com.
Dell Technologies announces significant AI innovations and cybersecurity enhancements for Microsoft customers. The company introduces Dell APEX File Storage for Microsoft Azure with a new Dell-managed option, designed to deliver superior AI workload performance and simplified management. The expansion includes new services to accelerate AI adoption, including Accelerator Services for Copilot+ PCs and implementation services for Microsoft Azure AI. Dell also unveils APEX Protection Services for Microsoft Azure, offering AI-powered data protection and cyber resilience with up to 80% faster recovery times using CyberSense threat intelligence.
Dell Technologies has announced significant advancements to its AI Factory with new infrastructure and solutions. The company introduced new PowerEdge XE servers, including the XE9685L with liquid cooling and XE7740 with air cooling, supporting various GPU configurations. Dell plans to support the NVIDIA GB200 Grace Blackwell NVL4 Superchip with a new server design supporting up to 144 GPUs per rack. The company also enhanced its Data Lakehouse with Apache Spark integration for improved data processing and analytics. New professional services focus on sustainable data centers, data management, and AI networking optimization.
Dell Technologies (NYSE: DELL) has announced it will host a conference call on Tuesday, November 26, 2024, at 3:30 p.m. CST to discuss its fiscal 2025 third quarter financial results. The company will release its financial results and accompanying statements before the call, which will be accessible to the public as a live, audio-only webcast on Dell's investor relations website. Additional materials, including prepared remarks and a presentation containing financial information, will be available for download from the same platform prior to the financial guidance discussion.
Dell Technologies introduces new innovations to its Dell AI Factory, aimed at powering high-density computing and AI workloads at scale. Key announcements include:
1. Dell Integrated Rack 7000 (IR7000): A 21-inch rack designed for high-density compute, liquid cooling, and scalable power management.
2. Dell PowerEdge XE9712: An NVIDIA GB200 NVL72-based platform for large AI GPU clusters.
3. Dell PowerEdge M7725: A direct-to-chip liquid cooled system based on 5th Gen AMD EPYC processors.
4. Dell PowerScale enhancements: Improved capacity, AI workload performance, and data discoverability.
5. Dell Generative AI Solutions with Intel: Jointly engineered platforms for various GenAI use cases.
These innovations are designed to address the growing demands of AI workloads in data centers, offering superior density, efficient cooling, and enhanced performance.
Dell Technologies expands its Dell AI Factory with new PowerEdge servers featuring AMD 5th Generation EPYC processors to accelerate enterprise AI adoption. The expansion includes:
1. Five new Dell PowerEdge servers offering industry-leading AI performance, efficiency, and flexibility at scale.
2. Dell Generative AI Solutions for AMD to simplify AI deployment.
3. Dell Enterprise Hub support for PowerEdge XE9680 with AMD Instinct MI300X accelerators.
4. Dell Implementation Services for Generative AI Platform for secure on-premises AI solutions.
The new servers, including the XE7745, R6725, R7725, R6715, and R7715, provide enhanced capabilities for AI workloads, data analytics, and traditional enterprise tasks. Dell also expands its professional services to support AMD environments, aiming to simplify and speed up GenAI deployments for businesses.
Dell Technologies (NYSE: DELL) has announced Dell AI for Telecom, a program designed to simplify and accelerate AI deployments for communications service providers (CSPs). This initiative, part of the Dell AI Factory, combines Dell's AI expertise, infrastructure, and services with software and silicon from across the AI ecosystem.
Key aspects of the program include:
- Collaboration with NVIDIA to co-create and validate telecom AI solutions
- Introduction of the PowerEdge XR8000 server with NVIDIA L4 Tensor Core GPUs
- Support for CSPs in designing and deploying GPU-as-a-Service offerings
- Partnerships with Lintasarta and SK Telecom to speed up AI adoption in telecommunications
The program aims to help CSPs enhance network performance, improve customer service, and provide greater value at the enterprise edge, addressing the challenges highlighted in a recent MeriTalk study commissioned by Dell Technologies.
Dell Technologies (NYSE: DELL) has been relisted on the S&P 500 Index as it marks its 40th year in business. The company is well-positioned to capitalize on the enterprise AI adoption trend, leveraging its broad technology portfolio across PCs, data center infrastructure, software, and services.
CEO Michael Dell expressed excitement about rejoining the S&P 500, emphasizing the company's strong position in the AI era. Dell has demonstrated robust financial performance, returning $9 billion to shareholders through stock repurchases and dividends since initiating its capital allocation program in fiscal year 2023.
The company's strategy focuses on expanding its leadership positions and growing into new areas, particularly AI. This relisting marks Dell's return to the S&P 500 after going private in 2013.
Dell Technologies (NYSE: DELL) has declared a quarterly cash dividend of $0.445 per common share. The dividend will be payable on November 1, 2024, to shareholders of record as of October 22, 2024. This announcement follows the company's decision in February to increase its annual cash dividend by 20% to $1.78 per common share, demonstrating Dell's commitment to returning value to shareholders. The dividend declaration reflects the company's financial stability and confidence in its cash flow generation capabilities.
Dell Technologies (NYSE: DELL) and Red Hat are collaborating to bring Red Hat Enterprise Linux AI (RHEL AI) to Dell PowerEdge servers. RHEL AI, an AI-optimized operating system for developing and deploying AI and generative AI models, will be available on Dell PowerEdge R760xa servers in Q3 2024. This partnership aims to simplify AI implementation for organizations by providing a consistent AI experience on optimized hardware.
Key points:
- RHEL AI becomes a preferred platform for AI deployments on Dell PowerEdge servers
- The collaboration includes continuous testing and validation of hardware solutions, including NVIDIA accelerated computing
- RHEL AI integrates open-source Granite LLMs from IBM Research and InstructLab model alignment tools
- The solution is packaged as an optimized RHEL image for individual server deployments and is included in Red Hat OpenShift AI
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