03:12 PM EST, 02/14/2025 (MT Newswires) -- (Updates with response from Dell in the third paragraph.)

Dell Technologies ( DELL ) is close to winning a deal worth over $5 billion to provide Elon Musk's xAI with servers made for AI work, Bloomberg reported Friday, citing people familiar with the matter.

Under the deal, Dell would sell Musk's AI startup servers containing Nvidia ( NVDA ) GB200 semiconductors for delivery this year, the report said.

Dell declined MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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