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

Crunchbase News

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. Blackstone also is a backer of CoreWeave , an AI infrastructure startup that gives access to highly sought-after AI chips from Nvidia.

Storage 122
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Trade routes of the digital age: How data gravity shapes cloud strategy

CIO

The cost and risk of long-distance transport led to local production hubs that mimicked the materials and techniques of the far-off goods they sought to replicate. In addition to edge computing, businesses should implement data replication and federated cloud storage strategies. The cost of moving data is another parallel.

Strategy 164
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Freedom to securely create and collaborate from anywhere

CIO

Digital workspaces encompass a variety of devices and infrastructure, including virtual desktop infrastructure (VDI), data centers, edge technology, and workstations. Help your apps and budget perform Give your creative apps a boost by consolidating your graphics workstations alongside existing cloud storage and renderfarms.

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Navigating the future of national tech independence with sovereign AI

CIO

There are two main considerations associated with the fundamentals of sovereign AI: 1) Control of the algorithms and the data on the basis of which the AI is trained and developed; and 2) the sovereignty of the infrastructure on which the AI resides and operates. high-performance computing GPU), data centers, and energy.

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LA-based Metropolis raises $41 million to upgrade parking infrastructure

TechCrunch

In this, the company’s goals aren’t dissimilar from the Florida-based startup, REEF, which has its own spin on what to do with the existing infrastructure and footprint created by urban parking spaces. In all, Metropolis has raised $60 million since it was formed back in 2017.

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO

The reasons include higher than expected costs, but also performance and latency issues; security, data privacy, and compliance concerns; and regional digital sovereignty regulations that affect where data can be located, transported, and processed. The primary driver for leveraging private cloud over public cloud is cost, Hollowell says.

Cloud 209
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Navigating the cloud maze: A 5-phase approach to optimizing cloud strategies

CIO

In todays fast-paced digital landscape, the cloud has emerged as a cornerstone of modern business infrastructure, offering unparalleled scalability, agility, and cost-efficiency. As organizations increasingly migrate to the cloud, however, CIOs face the daunting challenge of navigating a complex and rapidly evolving cloud ecosystem.

Cloud 147