Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI ...
1 day ago · CHATSWORTH, Calif. & NEW YORK, January 09, 2025--DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by ...
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI ...
2 days ago · Founded in 1998, DDN has thousands of customers and supports over 500,000 NVIDIA GPUs for organizations ranging from top financial services, life sciences, and public sector clients to AI hyperscalers and cloud providers such as xAI and Lambda. DDN high-performance data intelligence platform is used to power NVIDIA clusters.
Blackstone Invests $300 Million In AI Data Firm That Powers Elon …
1 day ago · Blackstone Inc. (NYSE: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 ...
DDN Poised for Historic Growth in Enterprise AI
2 days ago · This investment cements DDN’s position as the only choice for organizations seeking to implement scalable, reliable, and secure AI applications that deliver tangible business outcomes with up to 10x returns. With this groundbreaking deal, DDN is poised for historic growth in 2025 following a record-breaking 400% growth in AI revenue in 2024.
How Blackstone’s $300M Investment Will Propel DDN to …
2 days ago · This week marks a defining moment in DDN’s journey as we announced a $300 million strategic investment from Blackstone, the world’s largest alternative asset manager. Valuing DDN at $5 billion, this partnership represents more than just an infusion of capital—it is a vote of confidence in our vision to reshape enterprise AI infrastructure ...
AI Storage Play: 26-Year-Old DDN Snags $300M Investment At …
8 hours ago · A $300 million investment in DDN. DDN for the past 20 years has been fully independent. We grew. We were profitable for the past, give or take, 20 years. We're super excited because we really view ...
Blackstone Invests $300M in DDN at $5B Valuation
1 day ago · Chatsworth, CA, January 9, 2025 – AI and data intelligence solutions company DDN today announced an investment of $300 million from Blackstone, an alternative asset manager, valuing the company at $5 billion. “This investment cements DDN’s position as the only choice for organizations seeking to implement scalable, reliable, and …
Blackstone invests $300M in DDN to boost AI storage business
1 day ago · DDN made significant progress in the generative AI market in 2023 and 2024, relying on its strong relationship with Nvidia and securing deals such as providing storage for Elon Musk’s Colossus AI supercomputer.. DDN President Paul Bloch said: “This investment enables us to execute our strategy to bring HPC-grade AI solutions to enterprises, transforming industries and delivering measurable ...
Blackstone invests $300M at $5B valuation in DDN
2 days ago · DDN, which calls itself “a global leader in AI and data intelligence solutions,” announced it has received a $300M investment from funds managed by Blackstone Tactical Opportunities at a $5B ...
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 billion.
- Some results have been removed