Dell Technologies Inc. (NYSE:DELL) reportedly agreed to acquire Israel-based Dataloop AI on Wednesday in an all-cash transaction valued at $120 million.

The strategic deal deepens the company’s push into artificial intelligence and building end-to-end AI infrastructure offerings for enterprise customers.

Dataloop Strengths

Founded in 2017, Dataloop offers a platform that manages, labels, and processes unstructured data for AI model training.

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Its technology enables organizations to streamline complex data workflows and create scalable, organized datasets, ...