Quantum seeks to strengthen balance sheet with SEPA share sale deal
Nasdaq-listed storage player Quantum has struck a standby equity purchase agreement (SEPA) with Yorkville Advisors Global.
The deal will give Quantum access to additional equity capital and liquidity. Limited initially...
WEKA boosts GenAI speed with Mooncake vLLM tech
File system provider WEKA wants to make its customers’ GenAI models respond faster by using a vLLM Mooncake tech combination.
This was revealed in a blog post by new hire Val...
Quantum Myriad supports 122.9 TB SSDs and in-place system scaling
Quantum is adding incremental, in-place system scaling with dynamic, automatic data leveling to its Myriad all-flash file system, along with 122.88 TB Solidigm SSD support.
Myriad is a containerized, scale-out...
Object First’s business is scaling up
Object First, the Veeam-specific object-based backup appliance startup, says it registered 389 percent bookings growth in 2024 along with a 374 percent increase in transacting partners.
The company was started...
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...
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,...
VAST enters 2025 with consolidated EBox and GCP support
Analysis: Having erected a substantial AI-focused stack of software components in 2024, announced a partnership with Cisco, and delivered software upgrades, how is VAST Data positioned at the start...
Panmnesia snags award for GPU CXL memory expansion
A Panmnesia scheme to bulk up a GPU’s memory by adding fast CXL-accessed external memory to a unified virtual memory space has won a CES Innovation award.
Panmnesia says large-scale...
HighPoint now supports Arm in high-performance NVMe environments
HighPoint Technologies, which provides PCIe NVMe storage and switching solutions, now supports Arm-based computing platforms, increasingly present in datacenters and at the edge.
HighPoint was already an established storage and...
Storage news ticker – January 6
Box CEO Aaron Levie posted a chart tracking historical storage costs on X/Twitter:
He said: "When we started Box, the hard drives in our servers were ~80 GB, and we...
Storage stack layers and players going into 2025
Analysis: Right now, the two dominant storage demand and development drivers are cyber-resilience and security on the one hand, and AI training and inference on the other.
The IT storage picture...
Storage news ticker – December 20
This is the last article I will post until the new year. It has been a fascinating 2024 with storage dominated by SSD, HDD, and array developments, the need...