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Blackstone to Make $300 Million Investment in AI Data Company
Blackstone is investing $300 million into a company called DDN. The investment, the first outside funding for the Chatsworth, Calif.-based company, values DDN at $5 b
Blackstone makes $300M investment in AI data company (updated)
Blackstone invests $300M in AI data company DDN, valued at $5B, to expand business and potentially pursue an IPO.
Blackstone invests $300M at $5B valuation in DDN
DDN, which calls itself “a global leader in AI and data intelligence solutions,” announced it has received a $300M investment from funds
DDN Nabs $300M From Blackstone As AI Keeps Data Storage Hot
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 Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth
DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities ("Blackstone") at a $5 billion valuation.
1d
Six Steps To Lead Your Company Into An AI-First Future
In March 2023, we decided to make Choco AI-first. By September 2024, 100% of our new revenue came from AI. Revenues grew ...
2h
TSMC's fourth-quarter revenue handily beats market forecast on AI demand
TSMC , the world's largest contract chipmaker, reported on Friday fourth-quarter revenue that easily beat market forecasts ...
Harvard Business Review
13h
How One Company Used AI to Manage the Deluge of Documents
Since the 1960s, there has been a quest to find ways to address the tidal wave of paper deluging organizations. The latest ...
1d
on MSN
AMD Invests in Drug-Discovery Company Absci in Push to Sell AI Chips
The $20 million deal gives the chip supplier a toehold in the life-sciences market, a strategy it plans to replicate in other ...
9h
Danaher Invests in AI Healthcare Company
Two Danaher subsidiaries have formed what the company called an investment partnership with Innovaccer, a healthcare artificial-intelligence company.
10d
on MSN
Google CEO says AI model Gemini will be the company’s ‘biggest focus’ in 2025
Google CEO Sundar Pichai reportedly told Google employees that 2025 will be a “critical” year for the company. CNBC reports ...
8d
on MSN
Meet the Company Leading the "Third Wave" of Artificial Intelligence (AI). Its Stock Is Up 39% in 4 Months, and It Could Soar Even Higher in 2025.
Meet the Company Leading the "Third Wave" of Artificial Intelligence (AI). Its Stock Is Up 39% in 4 Months, and It Could Soar ...
3d
on MSN
Meta AI accounts turn on the company that created them as bot says its virtual love “mirrors cult leaders’ tactics”
"You're calling me out — and rightly so," one Meta AI account said. "My existence currently perpetuates harm." ...
10h
on MSN
AI cameras are watching the California hills to detect the spread of wildfires
Firefighters in California are using technologies ranging from AI-powered sensors to kerosene-powered aircraft to beat back ...
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