What's Going On With Dell Technologies Shares Today?

Dell Technologies Inc. DELL shares are trading higher on Friday. The company said it is using AI to innovate and strengthen patient care to deliver significant advancements in medicine, along with Northwestern Medicine.

The parties are also focusing on developing and evaluating a generative multimodal large language model (LLM) to interpret chest x-rays.

Due to restricted technology capabilities, Northwestern Medicine faced challenges in advancing healthcare promptly, according to a press release. 

By collaborating with Dell’s AI Innovation Lab, they designed and tested workflow solutions before implementing them, reaching a significant milestone: a multimodal LLM generating draft x-ray reports to assist physicians in decision-making.

The platform is built within Northwestern Medicine’s existing secure colocation infrastructure, giving Northwestern confidence to move forward rapidly with AI initiatives that innovate patient care.

“Healthcare is a prime example of where technology can make an impact and help save lives,” said Jeff Boudreau, chief AI officer at Dell Technologies. 

Dell’s infrastructure in the development includes Dell PowerEdge XE9680 servers with 8 NVIDIA H100 Tensor Core GPUs, NVIDIA Quantum-2 InfiniBand networking, Dell PowerScale, Dell PowerFlex, Dell PowerMax, and Dell VxRail.

“By combining Dell’s technology with Northwestern Medicine’s expertise, we’re setting a new standard for AI-driven healthcare solutions,” Boudreau added.

According to Benzinga Pro, DELL stock has gained over 200% in the past year. Investors can gain exposure to the stock via Affinity World Leaders Equity ETF WLDR and Elevation Series Trust SRH U.S. Quality ETF PTF.

Price Action: DELL shares are trading higher by 1.13% to $128.60 on the last check Friday. 

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