StorageNewsletter

Lenovo Group Ltd., together with its subsidiaries, reported first quarter results for fiscal year 2026/27, marking the highest quarterly revenue growth in the past five years and the strongest quarter in the Group’s history.During the quarter, overall Group revenue reached an all-time quarterly high of US$26.9 billion, up 43% YoY, with all business groups delivering […]

Summary: GAAP cloud revenue grew 281%, core cloud revenue grew 287% from a year ago 600 MW of data center capacity now under contract Manufacturing capacity to scale more than 10x in 2026 OpenAI launch partner for frontier model GPT-5.6 Sol Partnerships with AMD and AWS establish Cerebras as the leader in disaggregated inference Cerebras […]

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Summary:  Total revenue increased 12% YoY, while global product revenue grew 31% and Hitachi Vantara storage revenue increased 45% Within Hitachi Vantara’s block portfolio, high-end and mid-range storage revenue grew 54% and 43%, respectively, while overall block revenue increased 49% In the US, block revenue increased 24%, while product revenue grew 73% in EMEA and […]

Quantum Corp., announced financial results for its fiscal first quarter of 2027 ended June 30, 2026.Fiscal First Quarter 2027 Financial Summary Revenue was $80.8 million, exceeding the guidance range of $75.0 million, plus or minus $2.0 million GAAP operating expenses were $26.7 million; non-GAAP adjusted operating expenses were $25.1 million, reflecting a YoY reduction of […...

Olix announced a $312m Series B financing round at a $3.3bn valuation, two years after it was founded.The round included Fundomo, Arm and Hudson River Trading, alongside angel investors including Reed Hastings, the co-founder of Netflix, with existing investors all increasing their commitments. Alongside the round, Olix has appointed Professor Nick McKeown to its board […]