-Dell missed Wall Street expectations for third-quarter revenue on Tuesday, weighed down by weaker demand for its traditional PCs and stiff competition from rival server makers, sending its shares down more than 10% in extended trading. Despite booming demand for Dell's AI-optimized servers used to handle large AI workloads, its traditional PC segment has been facing stiff competition from rivals …
Dell Technologies said that it is making a big push into the future of computing with personal computers designed specifically for artificial intelligence tasks as the market faces sluggish demand. Dell Technologies Chairman and CEO Michael Dell said that AI capabilities will become commonplace in PCs by 2025 as these AI computers will have the capability of accelerating AI workloads. …
The WNBA received $75 million from a group of investors that includes Michael Dell, Nike, Swin Cash and a few NBA owners in its first capital raise and the largest ever for women’s sports. “It’s a historic moment, I’m really excited to close on a very successful capital raise,” WNBA Commissioner Cathy Engelbert said. “Women’s sport is one of the …
