President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
Private equity giant Blackstone has been making aggressive moves in the AI sector for several years and that trend will continue in 2025. According to the Wall Street Journal, Blackstone is making a $300 million investment in tech company DDN.
Blackstone, Smartsheet and Vista Equity Partners
Private equity giant Blackstone Group is making a $300 million strategic investment into DDN, valuing the Chatsworth, California-based data storage company at $5 billion.
Blackstone Inc. (NYSE:BX) is making a significant move in the AI sector with a $300 million investment in DDN, a company known for its expertise in data storage and analysis. What Happened: The investment represents the first external funding for DDN,
CHATSWORTH, Calif. & NEW YORK--(BUSINESS WIRE)--DDN, a global leader in AI and data intelligence solutions, today announced it has received a $300 million investment from funds managed by Blackstone Tactical Opportunities (“Blackstone”) at a $5 billion ...
Blackstone invests $300M in AI data company DDN, valued at $5B, to expand business and potentially pursue an IPO.
Masayoshi Son of SoftBank, Sam Altman of OpenAI and Larry Ellison of Oracle joined Trump for the $500 billion announcement.
President Donald Trump on Tuesday is announcing investments worth up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.
DDN aims to take high-performance computing expertise and become a leader in storage for artificial intelligence. It builds on years in the HPC space, and now has £300m from Blackstone, a fund with an AI focus.
At the World Economic Forum in Davos, D Sridhar Babu, Minister of Information Technology, Electronics & Communications, Industries & Commerce and Legislative Affairs, Telangana joins Siddharth Zarabi,
OpenAI, Oracle and SoftBank have come together for this USD 500 billion project announced by US President Donald Trump