Remove Data Center Remove Infrastructure Remove Storage
article thumbnail

DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot

Crunchbase News

Data is the big-money game right now. Private equity giant Blackstone Group is making a $300 million strategic investment into DDN , valuing the Chatsworth, California-based data storage company at $5 billion. billion to develop data centers in Spain. Late last year, AustralianSuper announced it has committed $1.5

Storage 124
article thumbnail

Overcoming the infrastructure challenges to accelerate AI success

CIO

AI has the ability to ingest and decipher the complexities of data at unprecedented speeds that humans just cannot match. But for many, simply providing the necessary infrastructure for these projects is the first challenge but it does not have to be. Already, leading organizations are seeing significant benefits from the use of AI.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Data center design in the age of AI: Integrating AI with legacy Infrastructure

CIO

In the age of artificial intelligence (AI), how can enterprises evaluate whether their existing data center design can fully employ the modern requirements needed to run AI? There are major considerations as IT leaders develop their AI strategies and evaluate the landscape of their infrastructure.

article thumbnail

Gartner projects major IT spending increases for 2025

CIO

growth this year, with data center spending increasing by nearly 35% in 2024 in anticipation of generative AI infrastructure needs. Data center spending will increase again by 15.5% in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24

article thumbnail

Hungry for resources, AI redefines the data center calculus

CIO

The AI revolution is driving demand for massive computing power and creating a data center shortage, with data center operators planning to build more facilities. But it’s time for data centers and other organizations with large compute needs to consider hardware replacement as another option, some experts say.

article thumbnail

Data centers in space

CIO

Imagine a world in which data centers were deployed in space. Using a satellite networking system, data would be collected from Earth, then sent to space for processing and storage. The system would use photonics and optical technology, dramatically cutting down on power consumption and boosting data transmission speeds.

article thumbnail

Pliops lands $100M for chips that accelerate analytics in data centers

TechCrunch

Part of the problem is that data-intensive workloads require substantial resources, and that adding the necessary compute and storage infrastructure is often expensive. For companies moving to the cloud specifically, IDG reports that they plan to devote $78 million toward infrastructure this year.