DDN Nabs $300M From Blackstone

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 $300M in DDN at $5B Valuation
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,
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 operates a platform to make AI more cost-effective,
Blackstone invests $300m in AI and data intelligence firm DDN
Blackstone has invested $300 million in DDN, a US-based AI and data intelligence firm. The investment puts DDN at a $5 billion valuation. The capital infusion will be used to to help fund DDN’s growth. DDN was founded in 1998.
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 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.
Blackstone Invests $300 Million In AI Data Firm That Powers Elon Musk's xAI Supercomputer
Blackstone Inc. (NYSE:BX) is making a significant move in the AI sector with a $300 million investment in DDN, a company ...
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