xAI News: Blackstone’s $300 Million Boost To AI Data Firm DDN

xAI Unicorn News - January 09, 2025

Blackstone Inc. has invested $300 million in DDN, a key player in data storage and analysis, marking its first external funding. This strategic move supports DDN's role in powering Elon Musk's xAI supercomputer, emphasizing the importance of data infrastructure in AI advancements.

Sources
https://biztoc.com/x/b3a78d58065f24e4

Outline
(00:00:00) Introduction
(00:00:27) Blackstone Invests $300 Million in AI Data Firm Powering Elon Musk's xAI Supercomputer

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