Dell Technologies entered into a $1.44 billion purchase agreement with Boost Run LLC to supply AI compute and storage infrastructure for the cloud‑colocation provider’s expanding enterprise AI footprint. The deal will provide Boost Run with Dell’s enterprise‑grade hardware, software, and financing solutions, enabling the company to meet long‑term client commitments and scale capacity across its growing colocation footprint.
In Q4 FY2025 Dell’s Infrastructure Solutions Group revenue grew 22% year‑over‑year, driven by record AI server demand and a backlog of $14.4 billion. In Q1 FY2026 Dell reported record servers and networking revenue of $6.3 billion, with AI‑optimized server orders reaching $12.1 billion. The Boost Run agreement adds a multi‑year, high‑value customer relationship that will contribute recurring revenue and deepen Dell’s presence in the enterprise AI market.
Andrew Karos, CEO of Boost Run, said: "This agreement with Dell Technologies is a defining moment for Boost Run. Enterprise clients are demanding dedicated, compliant, high‑performance AI infrastructure — and this partnership gives us the scale, the hardware, software and the financing structure to deliver." David Singer, Senior Vice President of Operations at Dell Technologies, commented: "Boost Run has demonstrated the operational depth and NVIDIA partnership credentials that enterprise AI customers increasingly require. Dell is pleased to support their expanding infrastructure footprint with the hardware, software, and additional financing capabilities to deliver at scale."
The announcement triggered a 9% rise in Willow Lane Acquisition Corp. (WLAC) shares, the SPAC that plans to merge with Boost Run. Dell’s stock had seen a 66% year‑to‑date rise and reached a new 52‑week high, with analysts raising price targets. The deal is seen as a validation of Boost Run’s business model ahead of its public listing and a further boost to Dell’s AI server leadership.
The deal positions Dell as a key supplier for high‑performance AI workloads, reinforcing its 20% market share in AI servers in 2024 and supporting its strategy to deliver comprehensive AI solutions from edge to data center. For Boost Run, the partnership provides the hardware, software, and financing needed to scale its colocation footprint and meet long‑term client commitments, strengthening its position as a compliant, bare‑metal GPU provider and paving the way for its upcoming merger with WLAC.
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