Blackstone to Make $300 Million Investment in AI Data Company
Photo: Michael Nagle/Bloomberg News Blackstone BX 1.53 % increase; green up pointing triangle is investing in a company that helps organizations more efficiently store and analyze large amounts of ...
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI ...
1 day ago · DDN is the world’s leading AI and data intelligence company, empowering organizations to maximize the value of their data with end-to-end HPC and AI-focused solutions. Its customers range from the largest global enterprises and AI hyperscalers to cutting-edge research centers, all leveraging DDN’s proven data intelligence platform for ...
Blackstone makes $300M investment in AI data company - report …
Blackstone (NYSE:BX), the world's largest private equity firm, is investing $300M into DDN, valuing the Chatsworth, California-based AI data company at $5B, according to a media report. DDN, which ...
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI ...
1 day ago · DDN is the world’s leading AI and data intelligence company, empowering organizations to maximize the value of their data with end-to-end HPC and AI-focused solutions. ... View source version on ...
Blackstone Invests $300 Million In AI Data Firm That Powers
1 day ago · Blackstone Inc. BX is making a significant move in the AI sector with a $300 million investment in DDN, a company known for its expertise in data storage and analysis. Initially serving government ...
DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot
17 hours ago · 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.. Founded in 1998, DDN — formerly called DataDirect Networks — helps companies store, analyze and manage data — a value commodity as more businesses look to create and train AI models.
Blackstone makes $300M investment in AI data company (updated)
23 hours ago · Blackstone (NYSE:BX), the world's largest private equity firm, is investing $300M into DDN, valuing the Chatsworth, California-based AI data company at $5B, the company said on Thursday.
Microsoft expects to spend $80 billion on AI data centers in FY 2025
Jan 3, 2025 · Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
Microsoft to Invest $80 Billion in AI Data Centers in Fiscal 2025
3 days ago · Microsoft is continuing this trend with plans to invest $80 billion in fiscal year 2025 to build AI-enabled data centers, the company revealed in a recent blog post.
Meta to build $10 billion AI data center in Louisiana | AP News
Dec 12, 2024 · NEW ORLEANS (AP) — The largest artificial intelligence data center ever built by Facebook’s parent company Meta is coming to northeast Louisiana, the company said Wednesday, bringing hopes that the $10 billion facility will transform an economically neglected corner of the state.