Quantum seeks to strengthen balance sheet with SEPA share sale deal
Nasdaq-listed storage player Quantum has struck a standby equity purchase agreement (SEPA) with Yorkville Advisors Global.
The deal will give Quantum access to additional equity capital and liquidity. Limited initially...
Ocient taps AMD EPYC CPUs for performance boost
Hyperscale analytics data warehouse supplier Ocient is collaborating with AMD to use its Gen 4 EPYC CPUs, achieving a 3.5x increase in processing power and more than doubling memory...
GenAI, LLMs, and agents are transforming storage
Analysis: GenAI is washing through the IT world like water flooding across a landscape when a dam breaches. It is being viewed by many suppliers as an epoch-changing event,...
Blackstone invests $300M in DDN to boost AI storage business
Private equity firm Blackstone is investing $300 million in privately held DDN, valuing the company at $5 billion and aiming to help develop its AI-related storage business.
According to DDN...
Scaling RAG with RAGOps and agents
COMMISSIONED: Retrieval-augmented generation (RAG) has become the gold standard for helping businesses refine their large language model (LLM) results with corporate data. Whereas LLMs are typically trained with public...
Storage stack layers and players going into 2025
Analysis: Right now, the two dominant storage demand and development drivers are cyber-resilience and security on the one hand, and AI training and inference on the other.
The IT storage picture...
Hammerspace teams with Cachengo in edge hosting biz
Hammerspace is working with Cachengo on a service to widen the reach of a data processing, storage and orchestration solution at the edge. Cachengo platforms are now using the...
The data-driven holiday hustle
COMMISSIONED: AI and advanced storage systems ensure a smooth and profitable winter shopping season, so retailers don’t miss a beat during the holiday rush.
As the clock strikes 12:01 a.m....
Storage Ticker – December 16 2024
Seattle-based Amperity has launched a Customer Data Cloud – an AI-powered setup designed to help users transform raw customer data in a data warehouse into actionable business assets through...
Indexima offers business data analytics tool for Snowflake users
Ever wanted to speed up your business intelligence from Snowflake? Indexima claims it can help.
The French company was founded in 2015 to manage data on Mappy, the French-owned alternative...
Storage news ticker – December 5
Ceph news: IBM Storage Ceph has introduced several new features to Ceph's orchestrator that simplify the deployment of IBM Storage Ceph Object and associated services. Enhancing the Ceph Object...
Availability, performance and capacity your applications and data will need
ADVERTORIAL: A secure data lifecycle management strategy is a key contributor to operational resilience. But establishing one can be difficult when budgets are tight and cyber risks on the...