Michael Dell spent 40 years preparing for an AI boom no one expected
Live MintIf you hear Dell and think of the supplier of the PC at your office desk, you’re out of touch. While selling PCs and peripherals still accounts for about half of the company’s revenue, the real business of Dell is infrastructure—the digital kind. “Michael once said he’ll care about Dell even when he’s dead—and I believe him," says Marc Benioff, CEO of cloud enterprise-software company Salesforce and a friend of Dell’s. “We started out as a company upgrading IBM personal computers, and then we started designing our own computers, and since then we’ve evolved to become the largest IT infrastructure company in the world," he says. Tentpole AI projects are also boosting Dell’s bottom line, as when the company was called on to provide much of the hardware inside Colossus, the new AI supercomputer built by Elon Musk’s AI company, in Memphis, Tenn. “It’s an amazing engineering feat," says Dell.