Profit made
They already have raked in a small fortune
If it down turns they won’t really be that bothered
Just sack the grunts and pay the boss man more
Everyone’s happy
Few companies have tied their fortunes to AI as much as Dell Technologies has, with the technology giant seeing a rise in server and networking revenue of 80 percent thanks to AI infrastructure sales, while eyeing potential AI PC dividends coming down the pike. The Texas titan has done its best to position itself as a key …
And done right on the backs of the 12,500 former employees deemed non-essential to the AI cause. Shame to see them go, folks, but what a wonderful quarter it's been! Don't look over there at the empty cubes, look at the data center over here with all the new gleaming merch.. buy-buy -- er -- bye-bye now, visitors!
What a shortsighted and amateurish way to run a business. Upper mismanagement ought to be ashamed of themselves.
The Ka-Ching index (KCH-I) <money in till sound>, no not the whacky google KCH ones. This is tied to the percentage that a company's share price increases after a public statement or financial report that mentions AI. Thus, this is an obvious bell-weather trend that can be tracked across the market to generally predict the state of AI, and its hype cycle, based on market reaction. This could further be enhanced by the sub-market tracker of the FS-Ka-Ching index (KCH-FS) which is similar except such financial statement or report is able to cite some ROI or tangible business benefit, that can be directly attributed to an AI investment.
As I type I can actually see how this actually makes sense.... more than citing blind AI investments without a business case...
"Clarke said that Dell continues to see an increase in the number of enterprise customers buying AI solutions each quarter, which he flagged as a significant opportunity, as many are still in the early stages of AI adoption"
The increase can be accounted for by the inability of customers to purchase a new enterprise pc/laptop that doesn't have an AI chip built in & Co-Pilot enabled on the desktop whether they want it or not