The Xserve reference article from the English Wikipedia on 24-Apr-2004
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Xserve

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Apple Computer introduced the original Xserve in May 2002, Apple classifies the Xserve as "a high-density, 1U rackmount server that was applauded for its value and versatility." In 2003 Apple introduced the Xserve G5 a higher-capacity higher-performance and generally better XServe.

Powered by the 64-bit PowerPC G5 processor the XServe G5 is a lot faster than its predecessor and more suited for High Performance Computing (HPC) applications.

The XServe G5 runs Mac OS 10.3 Server "Panther Server".

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