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WHTop → 📋 News → Dell Reports Strong Q1 FY26 on Surging AI Server Demand
Jun, 2025 : Dell Reports Strong Q1 FY26 on Surging AI Server Demand
📅 - Dell Technologies has delivered a solid start to its fiscal year 2026, reporting a notable increase in revenue and operating income during its first quarter, underpinned by record demand for its AI-optimized server infrastructure. The company posted $23.4 billion in revenue, up 5% year over year, with significant gains in its Infrastructure Solutions Group (ISG), which includes servers, networking, and storage – critical pillars supporting the growing data center and enterprise computing sectors.
Dell's ISG segment saw its revenue climb 12% to $10.3 billion, driven largely by a record $6.3 billion in servers and networking revenue, up 16% year over year. Storage revenue contributed $4 [...][... Check source for end of article ...]
📅 - NetActuate Launches New Point of Presence in Dublin - Global infrastructure and network services provider NetActuate has expanded its global footprint with the launch of a new point of presence (POP) in Dublin, Ireland. This strategic move enhances the company's ability to deliver low-latency, high-performance network solutions across key digital markets and responds to the growing demand for infrastructure that can support edge computing and artificial intelligence workloads.
Dublin has emerged as one of Europe's leading technology and business hubs, offering direct access to both transatlantic and pan-European fiber routes. The city's appeal is bolstered by a supportive regulatory environment, a highly educated workforce, and a strong [...]
📅 - Heron Power Raises $38M to Modernize Grid for AI-Driven Data Centers - Heron Power, a California-based energy infrastructure startup, has raised $38 million in Series A funding to accelerate the development of its next-generation solid-state transformer technology designed to modernize the electric grid. The investment brings Heron Power's total funding to $43 million.
The company is targeting one of the most critical pain points in the global push toward electrification: outdated medium-voltage transformers (MVTs). These legacy devices - central to connecting infrastructure like data centers, batteries, and renewables to the grid - have seen little innovation in over a century. Traditionally built with oil-immersed copper and steel, MVTs were designed for a [...]
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📅 - Bell Canada Significantly Expands AI Capacity with Bell AI Fabric - Bell Canada has announced an ambitious initiative to strengthen Canada's AI infrastructure through the development of a nationwide network of high-performance, hydroelectric-powered data centers. Known as Bell AI Fabric, the initiative aims to provide up to 500 megawatts (MW) of computing capacity, creating what could become the largest sovereign AI compute capability in the country.
This marks a strategic effort to ensure Canadian enterprises remain competitive in the global AI arena, while reinforcing national data sovereignty.
Bell AI Fabric is positioned to become a cornerstone of Canada's digital economy, offering advanced computing resources to businesses, researchers, and [...]
📅 - Intel and SoftBank Launch Saimemory to Cut AI Energy Use - Intel and Japan's tech investment giant SoftBank have joined forces to develop energy-efficient memory chips tailored for artificial intelligence workloads. The collaboration, valued at $70 million, will result in a new company named Saimemory, focused on building stacked DRAM chips designed to dramatically reduce power consumption in AI data centers.
As the energy requirements of AI infrastructure continue to escalate, particularly with the rise of generative models like ChatGPT and large-scale machine learning frameworks, data center operators are grappling with ballooning electricity costs and mounting environmental pressures. This joint venture aims to confront that challenge head-on [...]
📅 - Databricks Grows in Latin America with New Costa Rica Office - Databricks, a U.S.-based data and AI software company, has announced the opening of a new office in the America Free Zone (AFZ) in Heredia, Costa Rica - marking a significant milestone in its strategic expansion across Latin America. The company's growing investment in the region is driven by increasing enterprise demand for its unified Data Intelligence Platform and an ongoing commitment to tapping into Costa Rica's highly skilled talent pool.
Since launching operations in Costa Rica in 2023, Databricks has rapidly scaled its local workforce to nearly 200 employees. The company plans to hire an additional 100 by the end of 2025, underlining Costa Rica's role as a strategic operations and [...]