Dell Technologies Inc. has continued to expand its artificial intelligence hardware line while growing partnerships focused on AI development.

The computing giant is committed to innovation and growth. And its success is built on a foundational layer developed over 40 years, which is now being accelerated by AI advancements. The company has no intention of halting its momentum, according to Yvonne McGill (pictured), chief financial officer of Dell.

Yvonne McGill, CFO of Dell, discusses the company’s approach to financing AI development in a conversation with theCUBE.

“You have to evolve to continue,” she said. “We’re going to do it the right way, but we’re moving fast and we’re changing. It’s giving us the opportunity to question everything we do and decide are we doing the right stuff and how do we make time to do the things that’ll add even more value for our customers and our shareholders.”

McGill spoke with theCUBE Research’s Dave Vellante and Savannah Peterson at Dell Technologies World, during an exclusive broadcast on theCUBE, SiliconANGLE Media’s livestreaming studio. They discussed the financials of AI technology and how Dell is navigating the AI space. (* Disclosure below.)

Laying the foundations to support AI development

AI is expensive, but pushing toward innovation has helped drive revenue for Dell, according to McGill. The company prides itself on a differentiated approach that gives customers the full ecosystem for AI development.

‘When we have all of our data set, we have the foundational air built, then I can drive from there. I can accelerate from there, but you have to take the time to make sure your data is clean so that you can drive the outcomes that you’re desiring. So that’s what we’re focused on internally,” she said.

After making a number of acquisitions, Dell is now extending partnerships with companies in the AI space, including Nvidia Corp., Hugging Face Inc. and Meta Platforms Inc., to deliver better solutions to its customers. This ethos of collaboration is key to Dell’s success, McGill believes, and has resulted in a 20% dividend increase over the last year, more than expected.

“There’s so much efficiency to be had,” she said. “You’ll see that in our results. You saw that in what we guided for the full year from a spend level. We’re going to grow while investing and delivering the outcomes that we want.”

Here’s the complete video interview, part of SiliconANGLE’s and theCUBE Research’s coverage of Dell Technologies World: 

(* Disclosure: Dell Technologies Inc. sponsored this segment of theCUBE. Neither Dell nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Photo: SiliconANGLE