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Vast majors on QLC flash bulk storage with 3D Xpoint cache to smooth out traffic into sequential flows.

Israeli tech companies raised $8.6 billion in the first five months of 2021, fast approaching the record $10 billion raised in all of 2020.

The round was led by Tiger Global Management, with participation from NVIDIA and several other existing investors. Led by Renen Hallak, Founder and CEO, Vast Data is an infrastructure startup that provides a managed storage software platform to manage and improve performance in data centers. The company ended its second year at nearly $100M of annualized software run rate, having quadrupled its software business year over year, while also achieving cash flow positivity. These results will be consolidated in 2021 and beyond by the company’s new software consumption model called Gemini, whi...

Hedge Fund and Insider Trading News: Ken Griffin, Bill Ackman, York Capital Management, Berkshire Hathaway, Elliott Management, Tiger Global Management, Humana Inc (HUM), 3M Co (MMM), and More Citadel expects to have most of its U.S. employees back in its offices in New York, Chicago and Greenwich, Connecticut, by June 1, according to a person familiar with the matter. The $38 billion hedge fund, Citadel, and market-maker Citadel Securities anticipate that regular in-office operations in those locales will resume by that date, said the person, who asked not to be identified. Operations in Tex...

SHARE We all want to, so why can’t we kick the hard-drive habit? It’s not today’s data-analytics and artificial-intelligence workloads. They call for the fastest flash storage available. We’re still using sluggish HDDs for their modest pricing. So what happens when flash is priced equal to HDD? HDDs go on display in the museum, companies are finally able to do AI at scale and, strangely enough, they use more tape.  This is according to Renen Hallak (pictured, left), founder and chief executive officer of Vast Data Inc. Since its founding five years ago, Vast has been on a mission to...