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Decentralized storage: Tailwinds and open questions

TechCrunch

W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. Talking to Storj about its new version made me curious about decentralized storage. While this preoccupation reignited the bare metal debate , it also creates tailwinds for another option: decentralized storage. Want it in your inbox every Saturday?

Storage 248
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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

According to Synergy Group , an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the global cloud services market as of Q2, up 61% year-over-year. Wasabi, which doesn’t charge fees for egress or API requests, claims its storage fees work out to one-fifth of the cost of Amazon S3’s.

Storage 224
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Storage: The unsung hero of AI deployments

CIO

As enterprises begin to deploy and use AI, many realize they’ll need access to massive computing power and fast networking capabilities, but storage needs may be overlooked. In that case, Duos needs super-fast storage that works alongside its AI computing units. “If If you have a broken wheel, you want to know right now,” he says. “We

Storage 195
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Clutter merges with MakeSpace to add scale to the business of moving and storage

TechCrunch

Some consolidation is afoot in the world of moving and storage startups: Clutter and MakeSpace, two erstwhile rivals in the market, are merging to form a single company, which will operate under the Clutter brand, serving some 6,500 towns in the U.S. It acquired The Storage Fox in 2019 for $152 million also as part of that strategy.

Storage 234
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Lucidity keeps cloud block storage neat, tidy and cost-efficient

TechCrunch

Cloud storage is expensive ( especially in this economy ), but many companies often over-provision, cutting their full return on investment. Lucidity was created to help them manage block storage more efficiently with a set of automated tools. The startup announced today that is has raised $5.3 million in seed funding.

Storage 220
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AI meets file data storage: How genAI may solve its own data growth crisis

CIO

Intelligent tiering Tiering has long been a strategy CIOs have employed to gain some control over storage costs. Hybrid cloud solutions allow less frequently accessed data to be stored cost-effectively while critical data remains on high-performance storage for immediate access.

Storage 103
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Energy Dome uses CO2 for long-term power storage for solar energy

TechCrunch

Longer-term energy storage is a drag, and a lot of battery tech has been focusing on “how quickly can we charge these batteries so I can drive my EV for another couple of hundred miles.” It points out that this is a fast-growing market segment, not well served by existing battery technologies.

Energy 248