Dell Unveils New AI-Optimized Hardware to Accelerate Enterprise AI Adoption

What's Going On With Dell Technologies Shares? - Dell Technologies (NYSE:DELL)

Dell unveils new AI-optimized rack systems and server innovations to enhance data center performance. Dell Technologies Inc. DELL shares are trading lower Tuesday. The stock initially popped in early trading after the company introduced a series of new innovations aimed at enhancing the capabilities of its Dell AI Factory. What To Know: Dell Technologies shares traded up to around the $131 level on Tuesday before pulling back and turning negative as broader markets pulled back from recent strength. Despite the slight pullback, Dell shares are still up more than 65% since the start of the year, largely driven by the company's positioning in AI. Tuesday's announcements aim to further Dell's role in the AI revolution. The advancements include new integrated rack-scalable systems, servers, storage and data management features designed to power high-density computing and AI workloads at scale. The company announced the Dell Integrated Rack 7000, which offers liquid-cooled high-density compute infrastructure and scalable power management. Additionally, the new PowerEdge XE9712 platform, designed for large language model (LLM) training and real-time AI inference, delivers strong GPU density. The company also introduced the PowerEdge M7725, a system tailored for high-performance computing environments and announced several updates for its PowerScale storage platform aimed at boosting AI workload performance and simplifying data management. Dell said its new data management solutions include advancements in its Data Lakehouse platform and services designed to simplify data access, manageability and scalability. "Capitalizing on the multiple opportunities presented by AI has become the most compelling driver of network cloud transformation," said Dennis Hoffman, senior vice president and general manager of Dell's telecom systems business. DELL Price Action: Dell Technologies shares were down 0.49% at $127.76 at the time of writing, according to Benzinga Pro. See Also: 'Asia's Microstrategy' Metaplanet Buys Another 107 Bitcoin: Here's How Big Its Pile Has Grown Image Via Shutterstock. Market News and Data brought to you by Benzinga APIs

Dell unveils new AI-focused hardware and services By Investing.com

ROUND ROCK, TEXAS - Dell Technologies (NYSE: NYSE:DELL) has announced a suite of new products and services designed to enhance the capabilities of artificial intelligence (AI) workloads in data centers. This includes advancements in rack systems, servers, storage solutions, and data management, all aimed at facilitating high-density computing and AI applications. The new Dell Integrated Rack 7000 (IR7000) is a liquid-cooled infrastructure system that supports high-density compute demands with scalable power management. It is built to OCP standards and is intended for large-scale deployment, accommodating the latest CPU and GPU architectures. The IR7000 is engineered to cool future deployments of up to 480KW and can capture nearly 100% of the heat generated. In collaboration with NVIDIA (NASDAQ:NVDA), Dell introduced the PowerEdge XE9712, a platform that connects up to 36 NVIDIA Grace CPUs with 72 NVIDIA Blackwell GPUs, designed for large language model (LLM) training and real-time inference. The system is touted for its efficiency, being up to 25 times more efficient than previous air-cooled systems. Additionally, the PowerEdge M7725 server is introduced, which is powered by 5th Gen AMD (NASDAQ:AMD) EPYC CPUs and is optimized for dense compute environments such as research and higher education. This server integrates directly into the IR7000 rack and offers both direct liquid cooling and air cooling options. Dell's PowerScale storage solutions are receiving updates to improve AI workload performance and data management. These include new 61TB drives, which promise to double the storage capacity and reduce the data center footprint, and enhanced AI performance with support for NVIDIA InfiniBand and 200GbE Ethernet adapters. The company is also updating its Dell Data Lakehouse with new features like disaster recovery and automated schema discovery, aimed at simplifying data management and operations. Lastly, Dell announced Generative AI Solutions with Intel (NASDAQ:INTC), which includes the PowerEdge XE9680 and Intel Gaudi 3 AI accelerators, designed for a variety of generative AI applications. The Dell Integrated Rack 7000 and PowerEdge M7725 will be available in Q1 CY2025, while the PowerScale updates and Generative AI Solutions with Intel are expected in Q4 CY2024 and the first half of CY2025, respectively. The PowerEdge XE9712 is currently available for select customers. This announcement is based on a press release statement from Dell Technologies. In other recent news, Dell Technologies has expanded its artificial intelligence (AI) offerings with new AMD-powered servers, aiming to simplify and accelerate enterprise AI adoption. The company has also issued $1.5 billion in senior notes, part of its strategy to manage its debt profile effectively. In a significant policy shift, Dell mandated a full office work week for its global sales team, aiming to enhance collaboration and skill development. Furthermore, Dell has launched AI for Telecom, aimed at assisting communications service providers in deploying AI technologies more efficiently. These recent developments highlight Dell's strategy to capitalize on opportunities in the AI market. Analysts from Mizuho and Evercore ISI have initiated an Outperform rating for Dell, citing the company's diverse portfolio and robust free cash flow. However, Susquehanna issued a Neutral rating, expressing concerns about the uncertain economic returns of AI hardware. These new offerings and strategic initiatives are part of Dell's ongoing efforts to enhance operational efficiency and foster innovation across industries. The company continues to make significant strides in its financial performance and strategic initiatives, reflecting its commitment to expanding its role in the rapidly growing AI market. Dell Technologies' recent product announcements align well with its strong market position and financial performance. According to InvestingPro data, Dell boasts a substantial market capitalization of $90.1 billion, reflecting its significant presence in the technology hardware sector. The company's focus on high-performance AI solutions is likely to contribute to its revenue growth. While Dell's revenue for the last twelve months stood at $91.84 billion, it's worth noting that the company experienced a 9.12% quarterly revenue growth in the most recent quarter. This growth trajectory could be further bolstered by the introduction of advanced AI-focused products like the Dell Integrated Rack 7000 and PowerEdge XE9712. InvestingPro Tips highlight Dell's financial strength and shareholder-friendly policies. The company has been aggressively buying back shares and has raised its dividend for three consecutive years, demonstrating a commitment to returning value to shareholders. Additionally, Dell is trading at a low P/E ratio relative to its near-term earnings growth, with a PEG ratio of 0.21, suggesting potential undervaluation considering its growth prospects. These financial metrics and strategic product launches position Dell favorably in the competitive tech hardware landscape. For investors seeking more comprehensive analysis, InvestingPro offers 12 additional tips for Dell Technologies, providing deeper insights into the company's financial health and market position.

Dell enhances AI offerings with new AMD-powered servers By Investing.com

SAN FRANCISCO - Dell Technologies (NYSE:DELL) has expanded its generative AI (GenAI) solutions portfolio, the Dell AI Factory, with new additions designed for AMD (NASDAQ:AMD) environments, aiming to simplify and accelerate enterprise AI adoption. These offerings include five new Dell PowerEdge servers equipped with AMD 5th Generation EPYC processors, which promise industry-leading AI performance, efficiency, and scalability. The new PowerEdge servers are tailored for a variety of AI workloads and traditional tasks, with features such as increased GPU capacity and enhanced air cooling for better performance and efficiency. The PowerEdge XE7745, for example, supports up to eight double-width or 16 single-width PCIe GPUs and is purpose-built for AI inferencing, model fine-tuning, and high-performance computing. The R6725 and R7725 servers boast scalability and high performance with AMD's latest processors, while the R6715 and R7715 servers offer improved performance and storage density. Dell's AI Factory enhancements include the Dell Generative AI Solutions with AMD, which utilizes the PowerEdge XE9680 server with AMD Instinct MI300X accelerators to deliver AI inferencing and retrieval augmented generation (RAG). These solutions aim to simplify AI deployment and reduce time to value by up to 86%. Additionally, the Dell Enterprise Hub now supports the PowerEdge XE9680, offering custom containers and scripts for secure deployment of models like Llama and Mixtral. Dell also provides Professional Services for Generative AI, expanding support for AMD environments with new implementation services to help customers maximize their AI investments. These services include Kubernetes configuration, deployment of AI frameworks, and knowledge transfer on best practices. The Dell PowerEdge XE7745 server will be available globally starting January 2025, while the R6715, R7715, R6725, and R7725 servers will be available from November 2024. Dell Generative AI Solutions with AMD are set to be released in Q4 2024, and the updated Dell Enterprise Hub on Hugging Face is available now. Dell Implementation Services for Generative AI platform are currently available in select countries. This expansion underscores Dell's ongoing collaboration with AMD to provide cutting-edge AI solutions that enhance operational efficiency and foster innovation across industries. The information for this article is based on a press release statement. In other recent news, Dell Technologies has made significant strides in its financial performance and strategic initiatives. The company issued $1.5 billion in senior notes, consisting of two tranches: $700 million of 4.350% notes due 2030 and $800 million of 4.850% notes due 2035. This move was part of Dell's strategy to manage its debt profile effectively. Additionally, Dell has seen substantial growth in its core businesses, reporting a $3.8 billion backlog in the artificial intelligence (AI) market. The company also launched Dell AI for Telecom, aimed at assisting communications service providers in deploying AI technologies more efficiently. In a major policy shift, Dell mandated a full office work week for its global sales team, aiming to enhance collaboration and skill development. The company also rejoined the S&P 500 Index, reflecting its commitment to expanding its role in the AI market. Dell issued 26.5 million Class C common shares to its founder and CEO, Michael Dell, as part of its strategy to deliver value in the AI market. Analysts' outlooks vary, with Mizuho initiating an Outperform rating, while Susquehanna issued a Neutral rating due to concerns about the uncertain economic returns of AI hardware. Evercore ISI maintained a positive outlook, reiterating an Outperform rating despite expected gross margin headwinds from a greater mix of AI servers and inflationary component costs. These are the recent developments regarding Dell Technologies. Dell Technologies' recent expansion of its AI solutions portfolio aligns well with its strong market position and financial performance. According to InvestingPro data, Dell boasts a substantial market capitalization of $87.21 billion, reflecting investor confidence in its strategic direction. The company's focus on high-performance AI servers is likely to contribute to its revenue growth. While Dell's revenue for the last twelve months stood at $91.84 billion, it's worth noting that the company experienced a 9.12% quarterly revenue growth in the most recent quarter. This growth trajectory could be further bolstered by the introduction of new AI-focused products. InvestingPro Tips highlight Dell's financial strength and shareholder-friendly policies. The company has been aggressively buying back shares and has raised its dividend for three consecutive years, demonstrating a commitment to returning value to shareholders. Additionally, Dell is trading at a low P/E ratio relative to its near-term earnings growth, suggesting potential upside for investors. The company's profitability is also noteworthy, with InvestingPro data showing a gross profit of $20.7 billion and an operating income of $5.895 billion over the last twelve months. This financial health provides Dell with the resources to invest in cutting-edge technologies like the new AMD-powered AI servers. For investors seeking more comprehensive analysis, InvestingPro offers 12 additional tips for Dell Technologies, providing a deeper understanding of the company's financial position and market outlook.

Dell Technologies Expands Dell AI Factory with New PowerEdge Servers to Accelerate Enterprise AI Adoption

Additions to the world's broadest GenAI solutions portfolio empower organizations with flexible AI solutions AMD Advancing AI - Dell Technologies (NYSE: DELL) expands the world's broadest generative AI (GenAI) solutions portfolio with Dell AI Factory additions tailored for AMD environments. These solutions offer enterprises enhanced AI capabilities, including greater scalability and flexibility, to stay competitive in the evolving technology landscape. "By integrating AMD technology into the latest Dell servers, AI solutions and services through the Dell AI Factory, we're providing the performance and efficiencies enterprises need today and in the future," said Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies. "Together with AMD, we are setting new standards in AI performance, giving enterprises powerful and cost-effective solutions essential for modern data-driven environments." "Our latest AMD EPYC processors and Instinct accelerators, provide Dell customers with advanced end-to-end solutions, at scale, that will speed AI deployments and power business critical IT infrastructure," said Forrest Norrod, executive vice president and general manager, Data Center Solutions Group, AMD. "Our longstanding collaboration with Dell continues to deliver cutting edge solutions that help enhance operational efficiency and reduce time to value, fostering innovation across highly competitive industries." New Dell PowerEdge servers drive demanding AI workloads at scale The additions to the Dell PowerEdge portfolio drive a wide range of AI use cases and traditional workloads and simplify server management and security. The platforms provide customizable and efficient solutions that simplify management and support high-performance workloads for modern enterprises: All three platforms can support up to 50% more cores, with up to 37% increased performance per core resulting in greater performance, efficiency and improved TCO. These gains consolidate up to seven 5-year-old servers into one server today, resulting in up to 65% lower CPU power consumption. For customers deploying AI at scale, Dell Technologies will also continue to support all the latest AMD Instinct accelerators in Dell PowerEdge XE servers. IT teams can remotely monitor, manage and update Dell PowerEdge servers with the updated Integrated Dell Remote Access Controller (iDRAC). With a faster processor, increased memory and dedicated security co-processor, iDRAC simplifies server management and security, allowing IT teams to respond with greater reliability and efficiency. "The systems provided by Dell Technologies and AMD for OSF Healthcare allow us to deliver better services to our clinicians and patients, reduce our overall cost and help communities in need. When you have patient lives dependent on our platforms, it is critical that our systems remain stable and operational 24/7, 365 days a year," said Joe Morrow, director, Technology Services, OSF Healthcare. "Because of these systems, we have significantly reduced Epic downtimes, empowering OSF Healthcare to provide superior healthcare services while ensuring security and scalability in our operations." Dell AI Factory enhancements simplify and speed GenAI deployments The Dell AI Factory is designed to support diverse AI requirements with the world's broadest AI solutions portfolio from desktop to data center to cloud, allowing organizations to right-size their AI investments: "Dell Technologies and AMD continue to drive AI innovation, offering comprehensive solutions and services that help businesses modernize data centers, improve scalability, and leverage AI for better business outcomes," said Kuba Stolarski, Research VP, IDC. "The latest updates to the Dell AI Factory are the next step in Dell's journey of delivering AI solutions that boost efficiency and value." About Dell Technologies Dell Technologies (NYSE: DELL) helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry's broadest and most innovative technology and services portfolio for the AI era. Copyright © 2024 Dell Inc. or its subsidiaries. All Rights Reserved. Dell Technologies and Dell are trademarks of Dell Inc. or its subsidiaries. Other trademarks may be trademarks of their respective owners. AMD, the AMD Arrow logo, AMD Instinct, EPYC, and combinations thereof are trademarks of Advanced Micro Devices, Inc. Other names are for informational purposes only and may be trademarks of their respective owners. View original content to download multimedia:https://www.prnewswire.com/news-releases/dell-technologies-expands-dell-ai-factory-with-new-poweredge-servers-to-accelerate-enterprise-ai-adoption-302273138.html

Dell's New PowerEdge Servers With AMD Made To Shrink AI's 'Time To Value'

'Our customers want reduced time to value. They want to be able to deploy AI faster and get value out of it quicker. We've been hearing over the last two years that it takes a lot of effort to actually deploy AI solutions and get them to work,' says Dell Technologies Senior Vice President of Product Marketing Varun Chhabra. Dell Technologies has partnered with AMD to build a new lineup of PowerEdge Servers that is setting world records in benchmark testing while offering customers more cores and better performance. "One of the things we've been focused on at Dell is really reducing that time to value," Dell Technologies Senior Vice President of Product Marketing Varun Chhabra said in a media pre-briefing announcing the new servers. "Our customers want time to value. They want to be able to deploy AI faster and get value out of it quicker. We've been hearing over the last two years that it takes a lot of effort to actually deploy AI solutions and get them to work." The 4U PowerEdge XE7745, double-socket PowerEdge R6725 and R7725, and single-socket PowerEdge R6715 and R7715 are the newest additions to Dell's server lineup, promising more compute with less power consumption. Dell said one of the new AMD EPYC-backed servers achieves the same computing power as seven of its servers from five years ago while using 65 percent less power. AI data center power consumption is 10 times that of traditional data centers, leading those providers scrambling for capacity and hunting for ways to conserve electricity. "They are seeking opportunities to consolidate so that they can simplify and streamline their data centers, their ecosystems for AI, so that they can enable themselves to operate with greater speed, more agility," Chhabra said. Each of the new PowerEdge servers runs the AMD EPYC processor and supports up to 50 percent more cores with up to 37 percent increased performance per core, resulting in greater performance, efficiency and improved TCO, said Arunkumar Narayanan, senior vice president of server and networking products at Dell. "What we've done here is we've built a brand-new chassis with DC-MHS designs that will enhance our air-cooling and we can do 192 cores per CPU and 500 watts CPUs for unmatched power and efficiency," Narayanan said on a call with media. "We'll be industry-leading in the ability to do air-cooling in a 2U capability with 500 watts. In addition to that, we are going to have richer storage configurations. So a lot of the density-optimized storage options we are going to enable in this server." "With this server launch we are going to hit a bunch of world records," Narayanan said. The new servers are ranked first in the VMMArk4, which measures the performance and scalability of virtual environments, as well as the TCPx-AI benchmark, which measures the performance of an end-to-end machine learning or data science platform. Designed for enterprise AI workloads, the XE7745 can hold up to eight double-width GPUs or 16 single-width PCIe GPUs and support power-hungry 600-watt GPUs in a 4U, air-cooled chassis. This compares with the XE9680, which Narayanan said is the company's most successful product, reaching $10 billion in sales alone. He said the XE7745 is purpose-built for AI inferencing, model fine-tuning and high- performance computing. The internal GPU slots are paired with eight additional Gen 5.0 PCIe slots for network connectivity, creating dense, flexible configurations with 2X more DW PCIe GPU capacity. "We expect this to be the mainstream platform for enterprise inferencing solutions as we get into the next generation of enterprise AI adoption," Narayanan said. The Dell PowerEdge XE7745 server will be available globally starting January 2025. The two-socket servers are built for scalability with high-performing AMD 5th generation EPYC processors. The new DC-MHS chassis design gives it enhanced air-cooling and dual 500W CPUs. Narayanan said Dell is among the first to put that much compute into a 2U air-cooled chassis. He said the R6725 and R7725 maintain rigorous data analytics and AI workloads, with configurations optimized for scalability. The R7725 offers up to 66 percent increased performance and up to 33 percent increased efficiency. The servers will be available globally starting November 2024 Dell rounded out its server announcements with the 1U PowerEdge R6715 and R7715, which come equipped with AMD 5th generation EPYC processors. The design has up to 37 percent increased drive capacity, resulting in greater storage density. Dell said it is available in various configuration options. The single-socket servers support double the memory with support for 24 DIMMs (2DPC) and meet diverse workload requirements and maximize performance in compact 1U and 2U chassis. The servers will be available globally starting November 2024 Dell AI Factory, which debuted earlier this year, offers an end-to-end lineup of products and services needed to deploy AI within a business and now comes in an AMD flavor. Dell partners with Hugging Face for the software layer. For on-premises GenAI, the Dell PowerEdge XE9680 server with AMD Instinct MI300X accelerators can deliver inferencing, retrieval augmented generation (RAG) and customization. Dell said the deep integration of AMD into the product improves security and performance, reduces time to value by up to 86 percent, and helps organizations optimize their AI investments. Inside the factory, the Dell Enterprise Hub on Hugging Face provides custom containers and scripts for easy, safe deployment of AI models such as Llama and Mixtral. These containerized models are uniquely optimized to boost inferencing performance based on the model and server and leverage the Hugging Face Text Generation Inference back end. Dell professional services for GenAI are growing and now support AMD environments. Dell said its implementation services for GenAI platform with AMD gives customers a tailored operational platform, including Kubernetes configuration, deployment of advanced AI frameworks and best practices.

Dell introduces AMD-based AI servers and tightens Hugging Face ties - SiliconANGLE

Dell introduces AMD-based AI servers and tightens Hugging Face ties Dell Technologies Inc. today launched five new PowerEdge servers using Advanced Micro Devices Inc.'s 5 Generation EPYC processors and targeted at artificial intelligence development and model deployment. The announcements represent "a massive expansion of our partnership with the AMD," said Varun Chhabra, senior vice president of product marketing at Dell. The PowerEdge XE7745 is designed for enterprise-class workloads, with support for up to eight double-width or 16 single-width Peripheral Component Interconnect Express-based graphic processing units and AMD EPYC processors in a 4U air-cooled chassis. The internal GPU slots are paired with eight additional PCIe 5.0 slots for network connectivity. PCIe 5.0 offers significantly higher data transfer rates than its predecessors, with double the bandwidth of PCIe 4.0 and up to 32 gigatransfers -- or the number of signal transitions per second -- per lane. The XE7745 will be available globally starting in January. The new PowerEdge R6725 and R7725 servers are optimized for scalability with a Data Center Modular Hardware System chassis design that enables enhanced air cooling and dual 500-watt CPUs. Dell said the R7725 offers up to 66% increased performance and up to 33% increased efficiency at the top of the stack. DCMHS is a standardized, modular approach to designing and building data center infrastructure developed under the Open Compute Project. "We built a brand new chassis with DCM's designs that will enhance our air cooling capability and can do 192 cores per CPU and 500-megawatt CPUs for unmatched power and efficiency," said Arunkumar Narayanan, Dell's senior vice president of server and networking products. "We will be industry-leading in the ability to do air cooling in a 2U capability with 500 watts." All three platforms can support up to 50% more cores and up to 37% increased performance per core based on Dell's analysis. They collectively consolidate up to seven five-year-old servers into one, lowering CPU power consumption by 65%. They can be remotely monitored, managed and updated using Dell's Integrated Dell Remote Access Controller. which runs independently of the operating system and allows for remote management even when the server is powered off. The PowerEdge R6715 and R7715 servers based on 5th Gen EPYC processors are faster than the previous generation and use also double memory capacity with support for 24 dual in-line memory modules in compact 1U and 2U chassis configurations. Availability is planned for November. Dell is also enhancing its AI Factory, which is rolled out in March. Described as an "end-to-end AI enterprise solution" for training, tuning and running AI models, it combines Nvidia Corp. GPUs with Dell's compute, storage, client device and software products and professional services. Dell said new generative AI capabilities using PowerEdge XE9680 servers with AMD Instinct MI300X accelerators simplify AI deployment, enhance security, allow for scalable and modular architectures and reduce time-to-value by up to 86%. The configuration is available as the Dell Enterprise Hub on Hugging Face Inc.'s AI platform, providing custom containers and scripts for the deployment of models such as Llama and Mixtral. The XC9680 was "the most successful product launch in Dell's history," Narayanan said. "We have had more than $10 billion of revenue on that one product. Now we are launching our next generation." The containerized models are optimized to boost inferencing performance based on the model and server and leverage the Hugging Face Text Generation Inference, an inference framework designed to serve and scale large language models efficiently. Dell's Professional Services for Generative AI are being expanded to support AMD environments. "We've collaborated very closely with AMD and Hugging Face to make it easy for customers to deploy advanced models like Llama and Mixtral on the PowerEdge XC9680 infrastructure that takes advantage of AMD's MI300 accelerators," Chhabra said. "This partnership delivers custom containers, scripts and dedicated technical resources so that customers can have the peace of mind that they can deploy the most popular open-source gen AI models on the Hugging Face platform and know that it has been tested by Dell, AMD and Hugging Face."