Micron says it will exit its Crucial consumer business by February 2026, as it doubles down on advanced memory chips for AI data centers, amid a supply shortage
because Micron wants to sell its RAM and SSDs to AI companies instead Charlotte Trueman / DatacenterDynamics : Micron to exit the consumer memory and storage market in favor of AI data center customer...
SK Hynix reports Q2 revenue up 35% YoY to ~$16.2B, vs. ~$14.9B est., operating profit up 68% to ~$6.7B, vs. ~$6.5B est., expects sustained HBM demand in 2025
2nd Update Evertiq AB : SK Hynix reports record jump in profit as demand for AI chips soars Jo He-rim / THE INVESTOR : SK hynix posts record quarterly profit on AI chip boom Chris Mellor / Blocks and ...
Cisco introduces new AI products and services, including its Nexus HyperFabric AI clusters in partnership with Nvidia, and announces a $1B AI investment fund
and it's already backing Mistral, Cohere, and Scale AI Chris Mellor / Blocks and Files : VAST Data joins forces with Cisco to boost AI datacenters Megan Crouse / TechRepublic : Cisco Live 2024: Cisco ...
A Texas federal jury orders Micron to pay $445M to computer memory company Netlist for willfully infringing on two patents related to improving memory modules
IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS MARSHALL DIVISION NETLIST, INC., Chris Mellor / Blocks and Files : Micron hit with $445M Netlist damages award Shivani Kumaresan /...
Cloud data management startup Rubrik files for a NYSE IPO under the symbol RBRK, reporting a net loss of $354M on revenue of $628M for the year ended January 31
We are on a mission to secure the world’s data. Cyberattacks are inevitable. Kyle Alspach / CRN : Rubrik Files IPO Plans, Reports $784 Million In ARR Lindsay Clark / The Register : Rubrik files to ...
HPE reports Q4 revenue down 7% YoY to $7.4B, including Compute down 31% YoY to $2.6B, HPC & AI up 37% YoY to $1.2B, and Intelligent Edge up 41% YoY to $1.4B
Hewlett Packard Enterprise Reports Q4 Results to Close Impressive Fiscal 2023; Raises Dividend in Fiscal 2024 Chris Mellor / Blocks and Files : HPE fails to crack $8 billion quarter barrier Aamir Shei...
Nvidia acquires SwiftStack, a small AI-focused data storage and management platform it currently uses, for an undisclosed sum
Chris Mellor / Blocks and Files :
Yellowbrick Data has raised $44M Series A from DFJ, GV, and others for all-flash appliance it says can replace up to 7 disk-based data warehouse racks
Chris Mellor / The Register :
Pure Storage and Nvidia unveil AIRI, a four-petaflop platform using Nvidia's DGX-1 servers and Pure's FlashBlade storage system for large-scale AI initiatives
Chris Mellor / The Register :
Cloud storage startup Bitcasa posts “goodbye” message on its site, implying it may have been acquired
This is an odd one: Bitcasa, a company … Chris Mellor / The Register : Yep. Bitcasa's called it quits Jordan Novet / VentureBeat : Intel acquires cloud storage startup Bitcasa Thanks: @ingridlunden