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(Reuters) -Hewlett Packard Enterprise has struck a deal value over $1 billion to offer Elon Musk’s social media platform X with servers optimized for synthetic intelligence work, Bloomberg Information reported on Friday, citing folks aware of the matter.
The settlement was reached late final 12 months, the report mentioned, including that rivals Dell Applied sciences (NYSE:DELL) and Tremendous Micro Pc (NASDAQ:SMCI) had additionally bid to promote the tools.
Hewlett Packard declined to touch upon the report.
AI servers have been seeing sturdy demand from enterprises searching for {hardware} able to powering synthetic intelligence functions. Musk’s firms, together with Tesla (NASDAQ:TSLA) and xAI, have emerged as main prospects for such {hardware}.
Shares of HPE had been up 1% in afternoon commerce.
