Applied Digital shares rose 54% after the company secured a $7 billion, 15-year AI infrastructure deal with CoreWeave, marking a major development in the high-performance computing and AI data center sector. At the Snowflake Summit 2025 in San Francisco, Snowflake CEO Sridhar Ramaswamy and OpenAI CEO Sam Altman discussed enterprise AI adoption. Altman forecasted that AI will begin solving complex business problems by 2026, with OpenAI preparing to release new models with significant improvements. Dell Technologies reported first quarter 2025 revenue of $23.4 billion and earnings of $1.37 per share, driven by $12.1 billion in AI orders and a $14.4 billion backlog. The company continues to expand its AI Factory platform with Nvidia, now serving around 3,000 customers. Hewlett Packard Enterprise (HPE) exceeded expectations in its second quarter, reporting $7.63 billion in revenue and $1 billion in AI server sales. The server segment grew 6% to $4.1 billion, supported by strong demand for AI and hybrid cloud solutions. Snowflake announced expanded collaborations at its summit, including new integration capabilities with Informatica's Cortex AI and Apache Polaris, enabling enterprises to build trusted, AI-ready data foundations and accelerate generative AI application development.