VAST Data closed its Series F financing at a $30 billion valuation, positioning its cache storage solutions as critical for scalable and cost-effective AI infrastructure in the exabyte era. The compan…
Cloud storage provider Backblaze secured a 5-year, multi-exabyte storage deal with AI cloud provider CoreWeave worth $335 million. Backblaze will provide HDD-based storage tiers for CoreWeave AI Objec…
VAST Data has emerged as the dominant storage supplier to neoclouds, with a 600 PB capacity win at Australia's Sharon AI. Neoclouds, which specialize in GPU-compute-heavy AI services, saw collective r…
BUZZ HPC, a subsidiary of HIVE Digital Technologies, announced plans to build a CAD $3.5 billion AI gigafactory in the Greater Toronto Area with 320 MW capacity to house over 100,000 GPUs. The facilit…
DDN, a privately-held HPC and AI storage supplier, is seeking strategic investors to better reflect the value it creates, according to CEO Alex Bouzari. The company, which has operated profitably for …
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…
RIKEN has identified Scality, VAST Data, and WEKA as potential tier 1 storage software suppliers for FugakuNEXT, Japan's next-generation flagship supercomputer scheduled to begin operation in 2030. Th…
French neocloud company Mistral AI has selected VAST Data’s storage and AI Operating System stack to power its Mistral Compute GPU cloud infrastructure, providing sovereign AI facilities in Europe. Th…