Blackstone has invested $300 million via its tactical opportunities business in DDN, an AI and data intelligence company, at a $5 billion valuation.
DDN’s high-performance data intelligence platform is used to power NVIDIA clusters. With thousands of customers, DDN supports more than 500,000 NVIDIA graphics processing units (GPUs) for organizations ranging from top financial services, life sciences and public-sector clients to AI hyperscalers and cloud providers.
DDN’s solutions help make data rapidly accessible for analysis and processing at high throughput and low latency, which are critical to helping power highly data-intensive AI and high-performance computing workloads and ensuring maximum GPU utilization for the best performance and return on investment possible. DDN’s platform enables rapid data ingestion, real-time processing and significantly faster insight generation, accelerating enterprise deployments of large language models, generative AI and retri