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 ...

Private equity giant Blackstone has been making aggressive moves in the AI sector for several years and that trend will ...

Blackstone is investing $300 million into a company called DDN. The investment, the first outside funding for the Chatsworth, Calif.-based company, values DDN at $5 billion. Founded in 1998 by ...

Blackstone has acquired the 774-megawatt Potomac Energy Center in Loudoun County, Virginia. This strategic move strengthens ...

Surging electricity growth is providing more opportunities for investors, especially in natural gas-fired generation.

DDN, which calls itself “a global leader in AI and data intelligence solutions,” announced it has received a $300M investment from funds ...

Blackstone Energy Transition Partners ( BX, Financials) announced its agreement to acquire the Potomac Energy Center, a ...

DDN's technology is integral to major AI infrastructure projects, including the Colossus supercomputer by Elon Musk's xAI.

A Blackstone (NYSE:BX) unit will acquire Potomac Energy Center, a 774-megawatt natural gas-fired power plant in Loudoun County in northern Virginia.  The plant, located in the county that has the ...

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 ...

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 ...