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WHTop → 📋 News → DDN Raises $300M from Blackstone to Boost AI and HPC Expansion
DDN Raises $300M from Blackstone to Boost AI and HPC Expansion
📅 - DataDirect Networks (DDN), a global leader in AI and data intelligence solutions, has announced a $300 million investment from Blackstone Tactical Opportunities. The funding, which values DDN at $5 billion, aims to accelerate the companys growth as it meets the surging demand for AI and high-performance computing (HPC) infrastructure.
Founded in 1998, DDN has established itself as a pivotal player in the HPC and AI landscape, supporting over 500,000 NVIDIA GPUs for a range of clients across sectors such as public services, finance, medical sciences, and cloud computing. Notable customers include AI-focused organizations like xAI and Lambda. The companys high-performance data intelligence [...][... Check source for end of article ...]
📅 - Hosted.com Achieves Industry-Leading WordPress Performance And Uptime - Many WordPress website owners can find themselves facing issues like slow loading times, security vulnerabilities, and unpredictable performance. Hosted.com has addressed these challenges head-on with a comprehensive solution. The hosting provider's latest performance data demonstrates its success in addressing some of the most common WordPress hosting challenges through a combination of cutting-edge hardware and optimized server configurations.
Advanced WordPress Infrastructure
Hosted.com's WordPress-specific hosting environment is especially designed for the needs of the WordPress Content Management System (CMS). This helps ensure that their clients sites maintain peak performance even [...]
📅 - Compass Plans $10B Investment in Mississippi Data Center Campus - Compass Datacenters, a Dallas-based global data center developer, has announced plans to establish its next hyperscale data center complex in Meridian, Mississippi. The project underscores Compasss commitment to expanding its portfolio of hyperscale, single-tenant data center facilities designed for long-term durability and operational excellence.
With the Mississippi Development Authority's certification as a data center operator, Compass Datacenters will be eligible for a number of tax breaks. Compass will benefit from a 10-year exemption from state income and franchise taxes as well as a sales and use tax exemption for equipment and building supplies. The new hyperscale data center [...]
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📅 - Darktrace Acquires Cado Security to Boost AI Cloud Cybersecurity - Global cybersecurity leader Darktrace has announced its plans to acquire UK-based Cado Security, a specialist in cyber investigation and response solutions for hybrid and multi-cloud environments. This strategic move aims to enhance Darktraces AI-powered cybersecurity offerings, addressing the growing need for comprehensive protection across diverse cloud, SaaS, and on-premises infrastructures. The acquisition is expected to close in February 2025, pending regulatory approval.
Cado Security, known for its innovative cloud forensics and incident response technologies, captures data snapshots from devices to conduct in-depth forensic analyses. These capabilities enable organizations to [...]
📅 - Exploring 7 Types of Content Delivery Networks - Content Delivery Networks (CDNs) come in various types tailored to meet specific use cases and performance requirements. Below is an overview of 7 different types of CDNs, their use cases, and the number and types of Points of Presence (PoPs) typically associated with them.
Businesses rely on CDNs to enhance user experiences by accelerating content delivery, optimizing streaming, ensuring security, and maintaining availability. The CDN ecosystem has diversified into specialized categories, each tailored to specific use cases and performance needs. Seven types of CDNs, their special features, and their function in contemporary content delivery techniques are examined in detail below. 1. [...]
📅 - 365 Data Centers and InterServer Announce Strategic Partnership - The collaboration between InterServer and 365 Data Centers makes use of each company's advantages to provide all-inclusive IT infrastructure solutions. InterServer made a calculated decision in choosing 365 Data Centers as its newest colocation provider because of its network of 20 data centers located around the United States, including many in New Jersey, including Carlstadt and Bridgewater. This choice is consistent with InterServer's continuous endeavors to broaden its reach outside the Secaucus area, which has historically served as the company's primary operations center.
Both businesses are dedicated to growing in the New Jersey market and taking advantage of the area's strategic [...]