Citi’s Global TMT Conference is currently being held in New York City and is attended by some of the industry’s top CEOs. During the event, Yahoo Finance Executive Editor Brian Sozzi sat down with Dell Technologies (DELL) CEO Michael Dell to discuss the company’s outlook for AI and its integration across Dell’s operations.
Dell started by emphasizing the integration of artificial intelligence, telling Yahoo Finance that “everything you want to do on your PC will be powered by AI.” He said this AI integration is aimed at improving productivity, as the technology uses data stored on a user’s computer to craft messages, highlight important information, and improve the overall user experience. It is explained that the purpose is to improve.
“Ultimately, what organizations are realizing is that this is a historic opportunity to make their businesses even more productive and efficient, while at the same time reimagining their businesses to take all of this into account. ” Dell told Yahoo Finance, noting that this has led to an increase in customers for Dell. brand.
Although Dell believes the AI boom is still in its infancy, he emphasizes that the pace of development is far outpacing the Internet boom. He explained that the most advanced AI models are trained on 1 petabyte of data, and Dell has provided 120,000 petabytes of data over the past two years.
But as technology continues to advance, he warns, “the model is pretty great right now, but it’s going to be the worst model in the future.”
Dell also notes that Dell Technologies has evolved beyond just PC manufacturing, with its server and networking division growing 80% year over year. “We’re a very different company that’s driven by data and the huge wave of infrastructure that’s being built around AI today around the world,” he told Yahoo Finance.
Despite rumors that PC refresh cycles are slowing, Dell remains optimistic and says it believes demand for the latest PCs and software will continue to drive the company’s growth. Additionally, Dell emphasizes that Dell Technologies does not use customers’ personal data as it takes steps to ensure data protection.
“Technology (AI) doesn’t wake up in the morning and say, ‘I want to be good or I want to be bad.’ It does whatever we tell it to do,” Dell said.
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This post was written by Angel Smith