Hewlett Packard Enterprise Lands $1 Billion AI Server Deal with Elon Musk's X

The agreement positions HPE as a key player in AI infrastructure, outpacing competitors Dell and Super Micro for the contract.

Hewlett Packard Enterprise (HPE) has secured a $1 billion deal to supply AI-optimized servers to Elon Musk's social media platform, X.
The agreement, finalized in late 2024, reflects growing demand for hardware capable of supporting advanced AI applications.
Competitors Dell Technologies and Super Micro Computer also competed for the contract, highlighting the high stakes in the AI server market.
HPE's stock has seen modest gains following the announcement, with analysts projecting further growth supported by its strong position in AI technology.
Musk's broader AI ambitions, including developments at xAI and Tesla, may signal potential for future collaborations or expanded server deployments.