Blackstone Invests $300 Million in DDN at $5 Billion Valuation to Accelerate AI Growth
Briefly

" Blackstone's support accelerates our mission to redefine the enterprise AI infrastructure category and scale at an even faster rate," said Alex Bouzari, CEO and Co-Founder of DDN. " By pushing the boundaries of data intelligence, we aim to empower organizations globally with next-level AI solutions that deliver groundbreaking innovation and significant ROI."
Paul Bloch, President and Co-Founder of DDN, emphasized the company's focus on real-world AI solutions. " This investment enables us to execute our strategy to bring enterprise-grade AI solutions to companies of all sizes, transforming industries and delivering measurable outcomes. We are laser-focused on solving business challenges like accelerating LLM deployments and enhancing operational efficiencies."
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