Hammerspace claims tenfold revenue growth for 2024
Hammerspace has reported a tenfold increase in revenue from 2023 to 2024, showcasing the confidence behind its recent hiring of Jeff Gianetti as chief revenue officer. As a private...
New year, new data strategy
COMMISSIONED: The new year has arrived, bringing with it the usual resolutions: get fitter, read more books, maybe finally tackle that ever-growing email backlog.But for tech leaders, this time...
Commvault latest to cut deal with CrowdStrike for cyber resilience
Commvault has joined other data protection suppliers by integrating CrowdStrike's malware-detecting Falcon XDR into its Commvault Cloud to better detect and respond to cyber threats against its customers.
Commvault Cloud,...
Hammerspace gets WEKA’s ex-CRO as its sales boss
Data orchestrator Hammerspace has orchestrated its first Chief Revenue Officer, Jeff Giannetti, who abruptly left the CRO spot at WEKA last month.
Hammerspace sells Global Data Platform software based on...
Microsoft proposes Managed Retention Memory to tackle AI workloads
Microsoft researchers have proposed Managed Retention Memory (MRM) – storage-class memory (SCM) with short-term persistence and IO optimized for AI foundation model workloads.
MRM is described in an Arxiv paper...
Storage news ticker – January 24
Observability and data management supplier Apica announced a Freemium version of its Ascent offering, providing free access to an enterprise-grade telemetry pipeline and intelligent observability, processing up to 1 TB/month...
Qdrant promises 10x faster indexing with GPU-powered vector database
Open source vector database supplier Qdrant says it can use GPUs to calculate vector indices ten times faster than x86 CPUs.
A vector database holds vector embeddings, encoded tokens mathematically...
Pinecone launches AI agent-building API to simplify RAG development
Vector database startup Pinecone has launched Pinecone Assistant, an AI agent-building API service to speed RAG development.
Large and small generative AI language models (LLMs) generate their responses by looking...
SK hynix hits record profit powered by AI memory demand
High-bandwidth memory demand, fueled by AI-focused GPU servers, has propelled SK hynix revenues and net income to record highs for the fourth 2024 quarter and full year.
The company reported...
Hitachi Vantara CTO Jason Hardy on the company’s storage refresh
Interview. Blocks & Files sat down with Jason Hardy, Hitachi Vantara Vice President and CTO for AI, to discuss the company's ongoing storage strategy refresh and how it's unifying...
Seagate hitting HAMR makeover hard as forecast disappoints
Cloud providers purchased more high-capacity disk drives in Q4 2024, pushing Seagate revenues up nearly 50 percent.
Seagate revenues rose to $2.33 billion in its second fiscal 2025 quarter, which...
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,...