Blackstone, Smartsheet and Vista Equity Partners
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 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,
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.
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 ...
President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a
Blackstone invests $300M in AI data company DDN, valued at $5B, to expand business and potentially pursue an IPO.
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.
Blackstone Invests $300 Million at a $5 billion Valuation in DDN, AI and Data Intelligence Solutions Leader, to Fuel Further Rapid Growth DDN, a global leader in AI and data intelligence solutions ...