HPE Secures USD 1 Billion AI Server Deal with X: Report

The deal was finalised in late 2024, reflecting the rising demand for AI infrastructure.

Highlights

  • HPE inks a contract to supply AI-optimised servers to platform X.
  • Dell Technologies and Super Micro Computer also competed for the project.
  • HPE shares saw a 1 percent increase following the announcement.

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HPE Secures USD 1 Billion AI Server Deal with X: Report

Hewlett Packard Enterprise (HPE) has signed a deal exceeding USD 1 billion to provide artificial intelligence (AI)-optimised servers to Elon Musk's social media platform, X, Bloomberg News reported on Friday, citing sources familiar with the matter. The agreement, finalised late last year, comes amid surging demand for hardware capable of supporting advanced AI applications.




Also Read: xAI Raises USD 6 Billion in Series C Funding

Competitors Also Bid for the Contract

HPE competitors Dell Technologies and Super Micro Computer had also bid to sell the equipment, the report said. Musk’s companies, including X, Tesla, and xAI, are driving demand for high-performance computing infrastructure to power AI advancements.

AI Servers in High Demand

According to the report, AI servers have been seeing strong demand from enterprises looking for hardware capable of powering artificial intelligence applications. Following the news, HPE shares rose 1 percent in afternoon trading.

Also Read: Dutch Government Secures Nvidia Deal for AI Facility: Report

Dutch Government Teams Up with Nvidia

In another such development, the Dutch government reportedly reached a deal with Nvidia last week to supply hardware and technological expertise for a potential AI supercomputer facility.

Reported By

Kirpa B is passionate about the latest advancements in Artificial Intelligence technologies and has a keen interest in telecom. In her free time, she enjoys gardening or diving into insightful articles on AI.

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