CTERA gets $80m war chest for AI and acquisitions
CTERA has raised $80 million in primary and secondary funding from private investor PSG Equity.
A week after cloud file services supplier Nasuni secured a majority investment of up to...
Storage news ticker – July 17 2024
Data protector Acronis says its flagship Acronis Cyber Protect Home Office product is reverting to its original name – Acronis True Image – with a new version release. It has...
DataCore gets AI development funding dollars
Storage software biz DataCore has loaded up its AI development coffers with $60 million to fuel the integration of AI technologies.
The company, founded in 1998, is historically averse to...
Nutanix hybrid cloud, AI and GPU Direct support
Nutanix's growth is getting an assist from the move to hybrid cloud and Gen AI adoption, and it will support Nvidia's fast GPU Direct data feed protocol.
An interview with...
Illumex: Chatbot response to be improved with knowledge graph help
Retrieval augmented generation (RAG) is not enough for chatbot accuracy – it needs knowledge graphs, according to Illumex, which has revealed more about its knowledge graphs used for context-blind...
Soda gets $14M to fizz into North America
Belgian data quality startup Soda has received $14 million to expand in North America.
The firm, founded in 2018 by CEO Maarten Masschelein and CTO Tom Baeyens, develops software and...
Nasuni hits $1.2B valuation after private equity backers buy majority share
Enterprise data platform provider Nasuni has confirmed a new majority investment led by Vista Equity, and joined by KKR and TCV, that it claims values the company at $1.2...
Storj marries cloud object storage with GPU compute with Valdi acquisition
Cloud storage firm Storj has acquired Valdi’s high performance and on-demand compute platform, in the hopes of using it for its customers’ AI workloads.
Valdi aims to address the big...
TS Cloud and Google link arms, dangle AI data readiness package
Google Cloud Premier Partner TS Cloud has announced the launch of its Enterprise AI Development and Management Service, which aims to help businesses build and deploy their own AI...
IGXGlobal hoists Pure Storage as-a-service flag across Europe
US systems integrator IGXGlobal has begun offering its customized storage as-a-service (STaaS), powered by Pure Storage Evergreen//One, to customers across the UK and Europe.
IGXGlobal’s offering combines flexible subscription models...
Northern Data Group to launch Europe’s first cloud service with Nvidia H200 GPUs
Datacenter services outfit Northern Data Group will be the first cloud provider in Europe to offer the use of the recently launched powerful H200 GPU hardware from Nvidia.
Germany-headquartered Northern...
Elastic Playground facility aims to reduce hallucinations in LLMs
Data search supplier Elastic is attempting to make it easier for developers to stop large language models (LLMs) from generating hallucinatory (false) responses by adding proprietary data and LLM/RAG...