15 Trending AI Stocks on Latest Analyst Ratings and News

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6. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 88

Dell Technologies Inc. (NYSE:DELL) is an American multinational technology company that designs, develops, manufactures, markets, sells, and supports a wide range of comprehensive and integrated solutions, products, and services. The company offers the hardware and infrastructure that support the deployment and scalability of AI applications across various industries.

On November 1, CRN reported that the Dell PowerMax and Dell PowerScale have gotten big AI upgrades. The newest upgrades to the PowerMax storage arrays give partners faster and more efficient input and output rates, three times faster connectivity through ethernet, and the ability to back up a petabyte worth of data per day. Moreover, it also introduces 92 percent RAID efficiency to optimize overall storage and industry-leading power and environmental monitoring capabilities.

Varun Chhabra, senior vice president of product marketing at Dell Technologies, said the company has embedded AI into the product to make alerting easier, learn the customer’s workload, and then adjust its health checks and thresholds accordingly.

“There’s no other vendor in the world that has the capabilities across storage, servers or storage, compute, networking, client, PCs, data protection, etc., etc., that Dell has. And as AI is deployed, and how AI is deployed, and where it’s deployed continues to evolve. We think this is going to be a big differentiator for our customers.”

– Varun Chhabra, senior vice president of product marketing at Dell Technologies.

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