Citi's Global TMT Conference is currently underway in New York City, with some of the industry's top CEOs in attendance. During the event, Yahoo Finance...
Citi's Global TMT Conference is currently underway in New York City, with some of the industry's top CEOs in attendance. During the event, Yahoo Finance Executive Editor Dell began by highlighting the integration of artificial intelligence, telling Yahoo Finance that"anything that you want to do with your PC is gonna be enhanced with AI.
Dell also notes that Dell Technologies has evolved beyond just manufacturing PCs, with the company's server and networking segments growing 80% year-over-year."We're a very different company driven by data and the enormous wave of infrastructure that's being built around AI today in the world," he told Yahoo Finance.
So look, I think anything that you wanna do with your PC is gonna be enhanced with A I and you're already seeing this in a lot of the software applications that you're using on your PC, you see little A I systems pop up in the corner and imagine being able to, you know, uh you, you, you receive an email, you're trying to figure out how to respond.
And they're figuring out which large language models to use, how they need to enhance the these systems with other real time data. You know, there's a lot of data in the world and it is doubling, you know, roughly every 6 to 7 months. So, you know, quite a bit more than the one petabyte that the most sophisticated model was trained on.We have agents, we have multimodal, we're using these models against all the data in the world.
I mean, it's not just a PC maker for those that may not understand where the company is today compared to a couple of years ago.So well, you know, last quarter, our server networking business, which includes both traditional servers that you see in clouds and data centers and the A I servers which you hear all about that very large business for us grew 80% year over year.
And you know, we, we think it's a great opportunity over the next several years, I follow you on linkedin and, and X and somewhere you made a mention about sovereign A I.And what is the, I guess ta or total addressable market for that overall, it's not a subject you hear about much in the United States, but every other country you hear about it.
So you're really, I think captivating a lot of folks, what you're, you're saying about what A IP CS may do.So there's a very large installed base, uh a billion and a half P CS.You got the windows, 10 end of life coming in October of, of next year. How are you building that into what you are working in, in terms of A I, you know, everything we do in A I kind of goes through a lens of how do we do this responsibly and make sure that, you know, we're using data in the correct way.We're helping customers use their data to, to be more effective, but we certainly have our own disciplines and uh rules inside the company about how we protect user security and confidentiality and we never use our customers data.
And, you know, young people have a new perspective are in a great advantage because they're sort of unencumbered by, uh, you know, sort of the, the previous, uh, ideas and so they can dream up new, new businesses and, and away we go.
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