On theCUBE Pod: Dell’s AI hardware business pays dividends; Snowflake and Anthropic fare well at the stocks
Artificial intelligence adoption has brought hardware back in style, with Dell Technologies Inc. having an astounding week.
The hardware firm saw an 88% jump in revenue and its stock closed up at 33% last week. These amazing numbers reflect how AI is pushing enterprises to seek more compute power — and how Dell is taking advantage of the opportunity.
“In the old [personal computer] revolution, the PC set the agenda, then the servers came on,” said John Furrier (pictured left), executive analyst for theCUBE Research. “Servers came after PCs. If you look at the AI business, it’s completely inverted. The servers are coming first and the PCs are coming second. Dell has engineered essentially a super server. They’re essentially shipping super servers that are all configured.”
On the latest episode of theCUBE Pod, Furrier and Dave Vellante (pictured), chief analyst for theCUBE, Research discussed Dell’s incredible week and what it means for the AI infrastructure boom. They also looked at Snowflake Inc. ahead of the upcoming Snowflake Summit and how Anthropic is faring against OpenAI.
