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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. In general, datacenters and data storage and management have been hot among investors as businesses of all sizes try to use their data to scale up AI initiatives.

Storage 122
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DNA-based data storage platform Catalog raises $35M

TechCrunch

Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. Catalog has worked with companies in IT, media, entertainment, and energy sectors.

Storage 238
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Cloud storage startup Wasabi raises $250M to reach unicorn status

TechCrunch

Two at the forefront are David Friend and Jeff Flowers, who co-founded Wasabi, a cloud startup offering services competitive with Amazon’s Simple Storage Service (S3). 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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LyteLoop raises $40 million to launch satellites that use light to store data

TechCrunch

LyteLoop’s new funding will provide it with enough runway to achieve its next major milestone: putting three prototype satellites equipped with its novel data storage technology into orbit within the next three years. Security, for instance, gets a big boost from LyteLoop’s storage paradigm.

Data 278
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Modernizing Your Mid-Range Storage? Here are 5 Keys to Success

CIO

Yet while data-driven modernization is a top priority , achieving it requires confronting a host of data storage challenges that slow you down: management complexity and silos, specialized tools, constant firefighting, complex procurement, and flat or declining IT budgets. Put storage on autopilot with an AI-managed service.

Storage 158
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Scaling Media Machine Learning at Netflix

Netflix Tech

Our goal in building a media-focused ML infrastructure is to reduce the time from ideation to productization for our media ML practitioners. We accomplish this by paving the path to: Accessing and processing media data (e.g. We accomplish this by paving the path to: Accessing and processing media data (e.g.

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How Infosys improved accessibility for Event Knowledge using Amazon Nova Pro, Amazon Bedrock and Amazon Elemental Media Services

AWS Machine Learning - AI

People who miss events face significant obstacles accessing the knowledge shared, impacting sectors like education, media, and public sector where information recall is crucial. MediaLive also extracts the audio-only output and stores it in an Amazon Simple Storage Service (Amazon S3) bucket, facilitating a subsequent postprocessing workflow.

Media 73