Hazelcast embraces vector search
Hazelcast is adding vector search capability to its flagship Hazelcast Platform, which combines distributed compute, in-memory data storage, and integration for enterprise AI applications.
GenAI technologies, including large language models...
IBM revenues rise as AI drives software business higher
IBM revenues for the second 2024 quarter rose 2 percent year-on-year to $15.8 billion, beating Wall Street estimates, as its hybrid cloud and AI strategy paid off with a 7...
SK hynix reportedly planning to float Solidigm unit in US
DRAM and NAND fabricator SK hynix is looking at a US IPO for its Solidigm subsidiary, according to a report in Korea’s Hankyung media outlet.
Update: SK hynix comment added....
Hitachi Vantara unveils AI infrastructure with Nvidia BasePOD certification
Hitachi Vantara has announced the general availability of its first Hitachi iQ AI infrastructure offering, enabling its customers to use Hitachi Vantara storage with Nvidia's BasePOD GPU server system.
The...
Storage Ticker – 25 July 2024
Cloud storage provider Backblaze has appointed its first CRO, Jason Wakeam, whose past experience includes serving as the VP of global sales and OEM at SnapLogic. He’s also worked...
SK hynix posts record profits amid global HBM demand
Sk hynix revenues for Q2 soared as demand for high-bandwidth GPU memory went up in lockstep with AI application use.
The Korean NAND and DRAM fabrication outfit reported revenue of...
Your AI strategy called: It wants you to free the data
Commissioned: The importance of data has never been more salient in this golden age of AI services. Whether you’re running large language models for generative AI systems or predictive...
Dell enhances data lakehouse with faster query speeds and more
Dell has boosted the query speed of its data lakehouse, added and upgraded connectors, and improved monitoring and security.
In March, Dell announced a data lakehouse element of its AI...
Seagate signals turnaround with strong Q4 performance
Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.
Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion...
Micron launches datacenter SSD powerhouse
Micron has launched a 9550 datacenter SSD using the PCIe gen 5x4 bus, and it looks to be among the fastest models currently available.
Update: Micron answers to questions about...
SingleStore: We do vectors and you don’t need knowledge graphs
Vector-specific databases and knowledge graph extensions are being promoted as a way to have GenAI large language models (LLMs) access unstructured and block data. SingleStore, a database provider, claims that...
Pure Storage CTO discusses future scalability challenges in data storage
Pure Storage's International CTO thinks we’re rushing towards scalability limits in storage, networking, and software dataset size.
Alex McMullan offered Pure Storage's stance on the scalability topic, its dimensions and...