12 AI News and Ratings You Should Not Miss

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2. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 88

Dell Technologies Inc. (NYSE:DELL) is one of the world’s leading technology companies that designs, develops, manufactures, markets, sells, and supports a wide range of comprehensive and integrated solutions, products, and services. The robust demand for Dell Technologies Inc. (NYSE:DELL) artificial-intelligence powered servers has allowed it to capitalize on the flourishing demand for AI infrastructure.

On Thursday, November 7, the South China Morning Post reported that Dell Technologies Inc. (NYSE:DELL) has set up an artificial intelligence (AI) center in Shenzhen, known to be China’s southern tech hub. The move marks a fresh sign of Dell’s commitment to the Chinese market. Opened on Monday, Dell Technologies Inc. (NYSE:DELL)’s AI Smart Solutions Center strives to help businesses adopt AI smoothly. It plans on enhancing their tech infrastructure with PowerEdge servers, PowerSwitch network switches, and PowerScale storage systems. Moreover, Dell is also keen on developing applications for AI PCs, the company said in a statement.

“As the AI wave approaches … clients need a scalable infrastructure to meet the growing need for computing power and the challenge of data management, while achieving green and energy-efficient results”.

-Wu Dongmei, senior global vice-president at Dell and president of the Greater China Region.

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