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In this interview from theCUBE + NYSE Wired: Dell Technologies Symposium, David Kennedy, chief financial officer of Dell Technologies, joins theCUBE + NYSE Wired's Dave Vellante to discuss the enterprise inflection point driving durable AI monetization across industries. Kennedy reveals Dell now supports 6,500 AI factories, with more added in the past eight months than the previous eight quarters combined. He outlines how agentic workloads are fueling broad-based demand for traditional servers alongside GPUs, as sectors from financial services to pharma move beyond pilots into production at scale. The conversation also explores how Dell is formalizing AI spend by treating token consumption as its own budget line, shifting the focus from access to tangible economic outcomes rather than experimentation. Kennedy details a "model placement" strategy that matches workloads to the right infrastructure tier, letting repetitive tasks run on efficient open-weight models while reserving premium capacity for higher-value work. He also addresses the market's shift back toward capital expenditure and pricing durability, noting that redesigned server architectures with denser compute mean the industry won't return to prior price points. Kennedy breaks down Dell's margin strategy across AI servers and storage, pointing to structural efficiency gains expected to lift operating margins by more than 4 points this year. From governance and cyber resiliency to bespoke financing that bridges neoclouds from shipment to first token, he offers a clear framework for how enterprises can manage the economics of the AI buildout at scale. Find more SiliconANGLE news and analysis https://siliconangle.com/ Follow theCUBE's wall-to-wall event coverage https://siliconangle.com/events/ Learn about the latest theCUBE events https://www.thecube.net/ 00:00 - Enterprise AI Adoption, Monetization, and Leadership 04:24 - Optimizing IT Investment and AI Outcomes 07:54 - Efficient AI Deployment, Governance, and Cyber Resilience 10:42 - AI Infrastructure Costs, Margins, and Financing #theCUBE #DellTechnologiesSymposium #theCUBEresearch #NYSEWired #DellTechnologies #AI #CFO

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