Backblaze Lands $335 Million Data Storage Deal With CoreWeave

MT Newswires Live

06/23

Backblaze, Inc. has signed a five-year, $335 million multi-exabyte data storage agreement with CoreWeave, the cloud storage platform said Tuesday.

The company said its HDD-based storage technology will support new storage tiers, allowing CoreWeave to allocate data more efficiently while reserving higher-performance storage for artificial intelligence workloads.

Backblaze Surges More Than 34% Intraday.

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