Micron revenues soar amid surging AI demand
Micron revenues rose 81.5 percent year-on-year in its latest quarter as demand for AI server memory rocketed skywards.
Revenue for Q3 of Micron's fiscal 2024 ended May 30 was $6.8...
Storage news ticker – June 26
Data connectivity supplier CData announced a $350 million investment led by private equity operation Warburg Pincus. CData will use this new capital to accelerate investments in building innovative data...
MaxLinear upgrades storage accelerator with PCIe generation and lane count bumps
MaxLinear has launched the MxL8900 storage accelerator as an upgrade to its MxL8800 series, lowering latency and adding upcoming support for PCIe 5.
MaxLinear's Panther III accelerator cards are similar...
Cloudian gets more funding as it reaches breakeven, bags HPE GreenLake wins
Object storage demand is growing; Cloudian has gained $23 million in funding for its growth as its business, now at the breakeven stage, notches up four customer wins through...
Nasuni expands operations in France
Following an upsurge of business in France, Nasuni is bulking up its office with extra hires and more partners.
Nasuni is a cloud file services supplier utilizing edge caches to...
OpenAI acquires Rockset for vector database capabilities
GenAI LLM and chatbot pioneer OpenAI has acquired Rockset, an eight-year-old vector database business.
OpenAI was started up in 2015 by Sam Altman, Greg Brockman, Reid Hoffman, Jessica Livingston, Elon...
IBM unveils uStore for faster remote data access using NVMe-oF in Storage Scale
IBM is planning a "uStore" for Storage Scale to get data from remote drives faster using NVMe over Fabrics.
Update: Added that Frank Kraemer's quote comes from a LinkedIn post,...
Storage news ticker – June 21
Anomalo has expanded its platform that monitors the quality of structured data in data warehouses and data lakes to monitor unstructured text. We're told this makes it possible for...
Avaneidi secures €8M to enhance SSD endurance, security
Italian startup Avaneidi has received €8 million ($8.6 million) in Series A funding, and is planning to use this to extend SSD endurance by 1.9x, increase security, and lower power consumption,...
Pure delivers first AI copilot for storage
Pure Storage has extended the software environment of its all-flash arrays, with fleet management and a storage Copilot, and says this has enhanced their ability to detect and recover...
Don’t mind if I DPU: Pliops and Kalray continue merger talks as former shows...
Two DPU startups, Kalray and Pliops, have been working on a merger for several months, with Pliops recently announcing an integration with data orchestrator Hammerspace.
Pliops is an Israeli data...
Storage news ticker – 18 June 2024
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Data orchestrator and manager Arcitecta announced Powerhouse, a branch of Australia’s largest museum group, has selected its data management platform, Mediaflux, as its new digital asset management solution (DAMS). Mediaflux is...