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Investors chase Nutanix founder and engineer’s do-it-again DevRev dream

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VCs and angel investors are ploughing $100 million into two Nutanix veterans’ vision of a cloud-based platform for customer support and software development, valuing it at $1.15 billion. Nutanix founding...

A VAST Data IPO closer with first CFO appointment?

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VAST Data has named its first ever chief financial officer in what could be a sign that it is edging closer to an IPO. Putting aside the fact it seems...

Storage news roundup – 9 August 2024

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Cloud storage provider Backblaze pulled in $31.3 million revenues during calendar Q2, up 27 percent YoY, and it reported a $10.3 million loss versus the $14.3 million net loss...

WEKA helps Contextual AI get rid of chatbot hallucinations

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Contextual AI is using WEKA’s Data Platform parallel filesystem software to speed AI training runs as it develops counter-hallucinatory retrieval augmented generation (RAG) 2.0 software. Contextual AI’s CEO and co-founder...

Solidigm shipping PCIe 5 datacenter SSDs

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Solidigm has launched a pair of datacenter SSDs using the PCIe gen 5 interface. The SK hynix subsidiary’s D7 PS1010 and PS1030 follow on from its earlier PCIe gen 4...

Mastering the AI terrain: Why optimal storage is essential for competitive edge

COMMISSIONED: Enterprises adopting AI to stay competitive must tailor AI models to their needs. This means defining use cases, choosing workflows, investing in the right infrastructure, and partnering for...

Samsung’s mobile memory gets thinner

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Samsung has crafted ultra-thin LPDDR5X memory chips built to support mobile devices with AI workloads. LPDDR5X is low power double data rate DRAM, and Samsung has made it using 12nm-class...

Pliops and Kalray merger is off

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The merger talks between DPU accelerator card builder Pliops and massively parallel DPU supplier Kalray have ended. Israel-based Pliops is adding an AI feature set to its XDP (Extreme Data...

IBM Storage Scale using Blue Vela AI supercomputer

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IBM's Vela AI supercomputer, described here, was not powerful enough for IBM Research’s AI training needs. In 2023, it began the Blue Vela development to supply the major expansion...

Storage news ticker – August 2

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Data protector Acronis has shared research from the first half of 2024 in its biannual cyberthreats report, “Acronis Cyberthreats Report H1 2024” The report found that email attacks have...

IBM uses Storage Scale in its AI model training

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Big Blue developed its own Vela cluster, using Storage Scale, to train its AI models. IBM’s next generation AI studio, watsonx.ai, which became generally available in July of 2023, was...

Hundreds of servers could share external memory pools across Panmnesia CXL fabric 

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Panmnesia is developing technology enabling the connection of hundreds of memory devices across multiple servers. The Korean startup supports v3.1 of Computer Express Link (CXL). This addresses remote memory pooling...