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The Latest Breaking News from Michael Dell

Tech billionaires lost almost $100bn in stock market selloff sparked by DeepSeek

Nvidia saw $600bn of its market value disappear, while its CEO, Jensen Huang, saw his net worth drop by nearly $21bn

The Guardian - US

Top 500 Richest Lose £86.7B After DeepSeek AI Chatbot Launch Triggers AI Market Selloff

The S&P500 and the Nasdaq Composite declined as investors questioned America's AI dominance after DeepSeek launched its free AI chatbot.

International Business Times UK

Dell's employees had 800 different gen AI ideas. Here's how the PC maker winnowed the list to 8

In deciding which AI projects to pursue, Dell calculates the return on investment.

Fortune

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Dell is changing the names of its laptops—and they sound a lot like Apple devices now

Goodbye, XPS. Hello, Pro Plus.

Fortune

Dell Defends Against 'Apple Copycat' Claims In Naming New Computers: 'Pro And Max Are Not Exclusive'

Dell is streamlining its PC lineup, retiring iconic names like XPS and Inspiron in favour of a unified 'Dell' brand, mirroring Apple's naming strategy.

International Business Times UK

Dell kills XPS and Optiplex brands, adopts Apple-inspired three-tiered naming scheme for its PCs

No more Inspirons or XPS for Dell as it rebrands its consumer products as Dell, business and enterprise become Dell Pro, and workstation devices get Dell Pro Max branding.

Tom’s Hardware

Michael Dell says adoption of AI PCs is ‘definitely delayed,’ but it’s coming: ‘I’ve seen this movie a couple times before’

Executives on Dell’s earnings call last month said that the company’s anticipated customer refresh to new AI-enabled PCs is going slower than expected, but CEO Michael Dell told Fortune he was unconcerned.

Fortune

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Steve Jobs convinced Tim Cook that Apple would never go out of business—even though critics thought so

“When I came out to talk to Steve about working at Apple, it felt so alive and so different," Cook said.

Fortune

Buy the Dip: 3 'Strong Buy' Tech Stocks to Snag After Earnings

Though quarterly results disappointed, these stocks look like compelling long-term bets to buy on the dip.

Barchart

From Jensen Huang to Elon Musk: The biggest wealth gainers of 2024 have added $585 billion to their fortunes

Elon Musk led the way, with the world's richest man adding $119 billion to his fortune.

Fortune

Intel CEO Pat Gelsinger visits Elon Musk’s Memphis data center, touts Xeon deployment — praises xAI team for building it “in such a short amount of time”

Intel CEO Pat Gelsinger visits the Colossus AI Supercomputer and praises the xAI team for their quick work.

Tom’s Hardware

3 Tech Stocks at Risk from Potential Trump Tariffs

Trump's return to the White House means that these three tech stocks could be vulnerable to his tariff policies.

Barchart

CEOs including Satya Nadella and Sam Altman are lining up to congratulate Donald Trump on his election victory

CEOs and business leaders took to social media to congratulate President-elect Donald Trump on his second White House victory.

Fortune

What You Need to Know Ahead of Dell Technologies' Earnings Release

Dell Technologies is scheduled to report its Q3 earnings in December, and Wall Street expects its bottom line to rise in lower-double-digits.

Barchart

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Fortune

Dell's CFO on the company's return to the S&P 500 and 40 years in business

Yvonne McGill discusses the tech giant's evolution including AI servers.

Sports Illustrated

The Power Moves—and Supercharged Rookie Class—That Fueled the WNBA’s Boom

Player empowerment is more than a buzzword—especially in the W, where a generation of dazzling stars have brought the league tons of cultural cachet. The question now: How to use this newfound clout?

Barchart

5 'Strong Buy' AI Stocks That Could Benefit from a Fed Rate Cut

As the Fed gears up for its long-awaited September rate cut, here are 5 AI stocks that could benefit from more accommodative policy.

TechRadar

One of the world's biggest PC makers isn't sure about mass Windows 11 devices upgrades just yet, as AI PC demand rises

HP and Dell think AI PCs will boost sales, but are companies ready to update to Windows 11?

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Fortune

Elite $100 billion club loses three members as stocks tumble

Together, the net worth of the world’s richest people is higher than Google’s market cap.

Tom’s Hardware

xAI Colossus supercomputer with 100K H100 GPUs comes online — Musk lays out plans to double GPU count to 200K with 50K H100 and 50K H200

Now that X's Colossus supercomputer with 100,000 H100 GPUs is online, Elon Musk hints at its further expansion with 50,000 more H200 GPUs.

TechRadar

Dell’s server sales are riding high off of cloud and AI investment

The company’s long-time coming collaboration with NVidia, one of the world’s biggest AI processor manufacturers, is getting results.

International Business Times UK

The Centibillionaires Club: 15 People Worth Over $100 Billion And Three More About To Join Their Ranks

Although there are only 15 centibillionaires, their combined wealth is around $2.3 trillion, according to the Bloomberg Billionaires Index.

Fortune

There are only 15 people whose wealth is greater than $100 billion (and some would be richer if they weren't giving it away)

LVMH’s Bernard Arnault remains in the $100 billion club despite a stock decline removing more than $10 billion from his net worth overnight.

International Business Times UK

Musk Names Dell, Super Micro As xAI Supercomputer Suppliers, Making Company Stocks Soar

Elon Musk's AI startup, xAI, partnered with Dell and Super Micro to build a supercomputer for its AI chatbot, Grok.

TechRadar

Why Dell’s focus on the important things puts it in pole position for the AI age

“Unprecedented” demand for AI is going nowhere, and Dell wants to put itself right at the head of the queue when it comes to helping customers.

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