TSX gains after CPI shows US inflation rose 3%
Investing.com -- Dell Technologies (NYSE:DELL) stock gained 2.4% on Tuesday after the company announced significant advancements to its AI Data Platform designed to help enterprises transform distributed data into actionable insights for artificial intelligence applications.
The world’s largest provider of AI infrastructure unveiled improvements to its storage engines, Dell PowerScale and Dell ObjectScale, which deliver enhanced performance and scalability specifically engineered for demanding AI workloads. The company also expanded collaborations with NVIDIA (NASDAQ:NVDA), Elastic (NYSE:ESTC) and Starburst to bolster its data engines capabilities.
Dell’s PowerScale F710 storage solution, which has achieved NVIDIA Cloud Partner certification, delivers high performance while using up to 5 times less rack space, 88% fewer network switches and up to 72% lower power consumption compared to competitors. Meanwhile, ObjectScale, which Dell calls "the industry’s highest-performing object platform," is now up to 8 times faster than previous-generation all-flash object storage.
The company is also introducing a new Data Search Engine developed with Elastic that enables natural language interaction with data, and an enhanced Data Analytics Engine created with Starburst that allows seamless querying across various data sources.
"AI is transforming industries and its success depends on unlocking the full potential of enterprise data. The Dell AI Data Platform is purpose-built to simplify data complexity, unify pipelines and deliver AI-ready data at scale," said Arthur Lewis, president of Dell’s Infrastructure Solutions Group.
The advancements come as enterprises increasingly seek to leverage their existing data for AI applications while addressing challenges related to data silos, performance bottlenecks, and security concerns. Most of the newly announced features will become available throughout 2025 and early 2026.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.