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AI & Enterprise

Nvidia GPUs become core AI resource as firms mobilise all channels to secure supply

Nvidia graphics processing units have become a key resource for AI infrastructure, pushing companies to change how they procure computing capacity. Firms are expanding beyond reliance on large cloud providers such as AWS, Microsoft Azure and Google Cloud, using neocloud specialists, online marketplaces, direct equipment purchases and customer-supplied hardware models. Demand continues to outstrip supply, and providers and customers are multiplying even as prices rise and prepayments and long-term contracts add to procurement costs.

AI & Enterprise

Dell Technologies Korea appoints Yoo Sang-mo as president, promotes Kim Kyung-jin to chairman

Dell Technologies said on Tuesday it will reorganise its South Korean unit, appointing Kim Kyung-jin (김경진), the head of the local business, as chairman and naming Vice President Yoo Sang-mo (유상모) as president. Kim has led the company’s business growth in Korea for more than 20 years and has held senior roles in marketing and sales strategy. Yoo has led multiple business areas and most recently headed the Infrastructure Solutions Group in Korea.

AI & Enterprise

Dell revenue surges on AI server demand, shares jump 38 percent

Dell Technologies posted its fastest revenue growth in more than seven years since returning as a listed company, driven by rising AI server sales. In after-hours trading following its earnings release, Dell shares rose 38 percent. First-quarter revenue jumped 88 percent to $43.84 billion and adjusted earnings were $4.86 per share, both beating expectations. AI server revenue surged 757 percent to $16.1 billion, and Dell raised its annual outlook to above $60 billion.