Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.\u00a0<\/p>\n
Apu Gomes | Getty Images<\/p>\n<\/div>\n<\/div>\n<\/div>\n
Shares of Dell Technologies<\/a><\/span><\/span><\/span> and Super Micro Computer<\/a><\/span><\/span><\/span> jumped Thursday after Elon Musk revealed that the two hardware makers will provide servers to help his artificial intelligence startup xAI develop a supercomputer.<\/p>\n “Dell is assembling half of the racks that are going into the supercomputer that xAI is building,” Musk said in an X post<\/a>, adding that Super Micro<\/a> will also be involved.<\/p>\n Super Micro shares popped more than 8% in recent trading, while Dell gained 1%. <\/p>\n Musk has promised to build a\u00a0$500 million<\/a>\u00a0“Dojo” supercomputer in\u00a0Buffalo, New York, and a “super dense, water-cooled supercomputer cluster” at the company’s factory in\u00a0Austin, Texas<\/a>. The technology would potentially help Tesla develop the computer vision and large language models needed for robots and autonomous vehicles.<\/p>\n Musk founded xAI last year as a\u00a0challenger to Microsoft<\/a><\/span><\/span><\/span>-backed OpenAI and\u00a0Alphabet<\/a>‘s\u00a0Google. Musk also co-founded OpenAI.<\/p>\n Michael Dell, CEO of Dell, said Wednesday in an X post<\/a> that his firm is building a “Dell AI factory” with Nvidia<\/a><\/span><\/span><\/span> to power Musk’s AI bot Grok.<\/p>\n<\/div>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Elon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute’s Global Conference at the Beverly Hilton Hotel,on May 6, 2024 in Beverly Hills, California.\u00a0 Apu Gomes | Getty Images Shares of Dell Technologies and Super Micro Computer jumped Thursday after Elon Musk revealed that the two hardware…<\/p>\n","protected":false},"author":1,"featured_media":80707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-80706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n