10 AI Stocks Analysts Are Watching Closely

6. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) is one of the 10 AI Stocks Analysts Are Watching Closely. On August 11, the company announced updates to its Dell AI Data Platform, helping customers better support the full lifecycle of AI workloads.

The AI Data Platform aims to enhance unstructured data ingestion, transformation, retrieval and compute performance to streamline AI development and deployment so that massive datasets can transform into reliable and high quality real-time intelligence for generative AI.

Dell has also introduced an unstructured data engine developed in collaboration with Search AI leader Elastic to improve data processing capabilities for enterprise artificial intelligence applications. The unstructured data engine aims to offer real-time, secure access to large-scale unstructured datasets for inferencing, analytics, and intelligent search.

Developed in collaboration with open-source Search AI leader Elastic, the data engine will provide customers advanced vector search, semantic retrieval and hybrid keyword search capabilities for powering AI applications.

The company also announced that its PowerEdge R7725 server with NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs will be the first 2U server platform to deliver the NVIDIA AI Data Platform reference architecture. Together, Dell and the NVIDIA AI Data Platform reference design will provide a GPU-accelerated reference architecture for AI.

“The key to unlocking AI’s full potential lies in breaking down silos and simplifying access to enterprise data. Collaborating with industry leaders like NVIDIA and Elastic to advance the Dell AI Data Platform will help organizations accelerate innovation and scale AI with confidence.”

-Arthur Lewis, president, Infrastructure Solutions Group, Dell Technologies.

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.