Dell Stock Rises on AI Acquisition Talks with Israeli Startup Dataloop
Dell Technologies (DELL) shares gained 1.71% Wednesday amid reports of acquisition talks with Israeli AI data infrastructure startup Dataloop. The Herzliya-based firm, founded in 2017, specializes in cloud-based solutions for managing and labeling unstructured data—a critical component for training machine learning models.
While neither party has confirmed the deal, market sentiment turned bullish on the potential strategic fit. Dataloop's $3.5M revenue and 79-employee operation belies its technological value to Dell's AI Factory platform expansion. The MOVE signals Dell's intensified focus on enterprise AI infrastructure as demand for data processing solutions grows exponentially.