Walleye, Former Trader Spar Over Hedge Fund's Non-Compete Terms
Geoff Tennican joined Walleye about 12 years ago and oversaw its volatility arbitrage business — a strategy linked to swings in asset prices — until his departure, according to his lawsuit in a California state court. Between 2020 and 2024, he estimates that his part of the business earned more than $500 million for Walleye, with profits exceeding $200 million in 2022 alone, making him one of its biggest earners.
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Yahoo
a minute ago
- Yahoo
KIOXIA Announces Industry's First 245.76 TB NVMe SSD Built for the Demands of Generative AI Environments
KIOXIA LC9 Series Becomes the Highest Capacity PCIe 5.0 Enterprise SSD; Features 32-die Stack BiCS FLASH QLC 3D Flash Memory SAN JOSE, Calif., July 22, 2025--(BUSINESS WIRE)--KIOXIA America, Inc. has expanded its high-capacity KIOXIA LC9 Series enterprise SSD lineup by introducing the industry's first1 245.76 terabyte (TB)2 NVMe™ SSD in a 2.5-inch and Enterprise and Datacenter Standard Form Factor (EDSFF) E3.L form factor. This new capacity and form factor option complements the previously announced 122.88 TB (2.5-inch) model and is purpose-built for the performance and efficiency demands of generative AI environments. Generative AI places unique demands on storage, including the need to store vast datasets for training large language models (LLMs), and to create embeddings and vector databases that support inference through retrieval augmented generation (RAG). These workloads require storage solutions with large capacity, high speed, and exceptional power efficiency. Featuring a 32-die stack of 2 terabit (Tb)3 BiCS FLASH™ QLC 3D flash memory with innovative CBA (CMOS directly Bonded to Array) technology, KIOXIA LC9 Series SSDs deliver the speed, scale, and density required to support the next wave of AI-centric workloads. This combination of advanced memory architecture and CBA technology enables 8 TB3 in a small 154 BGA package – also an industry first1. This milestone was made possible with advancements in Kioxia's high-precision wafer processing, material design, and wire bonding technologies. KIOXIA LC9 Series SSDs are well-suited for data lakes, where massive data ingestion and rapid processing are essential. Unlike HDDs, which often bottleneck performance and leave costly GPUs underutilized, KIOXIA LC9 Series SSDs enable dense storage in a compact footprint. By delivering up to 245.76 TB, each drive can replace multiple power-hungry HDDs, offering superior performance, lower overall power consumption, fewer drive slots used, and more efficient cooling, which would significantly lower total cost of ownership (TCO). KIOXIA LC9 Series SSDs Features Include: Up to 245.76 TB in 2.5-inch and E3.L form factors Up to 122.88 TB available in 2.5-inch and E3.S form factors Designed to PCIe® 5.0 (max. 128 GT/s Gen5 single x4, dual x2), NVMe 2.0, and NVMe-MI™ 1.2c specifications Open Compute Project (OCP) Datacenter NVMe SSD specification v2.5 support (not all requirements) Flexible Data Placement (FDP) support to minimize write amplification and extend SSD lifespan4 Security options: SIE, SED, FIPS SED CNSA 2.0 signing algorithm adopted5, designed with future quantum security standards in mind "KIOXIA has a long history of advancing flash storage, and the KIOXIA LC9 Series continues that legacy by setting a new benchmark for capacity and innovation in the SSD space," said Neville Ichhaporia, senior vice president and general manager of the SSD business unit at KIOXIA America, Inc. "As generative AI reshapes data center architecture, we're delivering the kind of breakthrough technology that enables our customers to optimize their IT infrastructure investments - pushing boundaries in performance, efficiency, and scale." KIOXIA LC9 Series SSDs are now sampling to select customers and will be featured at the Future of Memory and Storage 2025 conference, taking place August 5–7 in Santa Clara. For more information, please visit and follow the company on X, formerly known as Twitter and LinkedIn®. About KIOXIA America, Inc. KIOXIA America, Inc. is the U.S.-based subsidiary of KIOXIA Corporation, a leading worldwide supplier of flash memory and solid-state drives (SSDs). From the invention of flash memory to today's breakthrough BiCS FLASH™ 3D technology, KIOXIA continues to pioneer innovative memory, SSD and software solutions that enrich people's lives and expand society's horizons. The company's innovative 3D flash memory technology, BiCS FLASH, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems. For more information, please visit © 2025 KIOXIA America, Inc. All rights reserved. Information in this press release, including product pricing and specifications, content of services, and contact information is current and believed to be accurate on the date of the announcement, but is subject to change without prior notice. Technical and application information contained here is subject to the most recent applicable KIOXIA product specifications. Notes: 1: As of July 21, 2025, based on Kioxia survey. 2: Definition of SSD capacity: Kioxia Corporation defines a kilobyte (KB) as 1,000 bytes, a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes, a terabyte (TB) as 1,000,000,000,000 bytes, and a kibibyte (KiB) is 1,024 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 2^30 bytes = 1,073,741,824 bytes and 1TB = 2^40 bytes = 1,099,511,627,776 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, and/or pre-installed software applications, or media content. Actual formatted capacity may vary. 3: The flash memory capacity is calculated as 1 terabit (1 Tb) = 1,099,511,627,776 (2^40) bits, and 1 terabyte (1 TB) = 1,099,511,627,776 (2^40) bytes. 4: For RocksDB purposes, Kioxia confirmed the Write Amplification Factor (WAF) is approximately 1.1 when using the FDP function with the plug-in (a function extension program released on the Kioxia GitHub account. 5: The KIOXIA LC9 Series SSD supports Leighton-Micali Signature (LMS) algorithm acknowledged by CNSA 2.0 (Commercial National Security Algorithm Suite 2.0) as a digital signature algorithm to prevent firmware tampering in preparation for threats to conventional cryptographic algorithms posed by quantum computers. Advanced Encryption Standard (AES-256) with a key length of 256 bits, which is the data encryption algorithm used in KIOXIA LC9 Series SSD, is also acknowledged by CNSA 2.0. 2.5-inch indicates the form factor of the SSD and not its physical size. Read and write speed may vary depending on various factors such as host devices, software (drivers, OS etc.), and read/write conditions. NVMe and NVMe-MI are registered or unregistered trademarks of NVM Express, Inc. in the United States and other countries. PCIe is a registered trademark of PCI-SIG. The OCP and OPEN COMPUTE PROJECT marks are owned by and used with the permission of the Open Compute Project Foundation. Sanitize Instant Erase (SIE), Self-Encrypting Drive (SED) and FIPS (Federal Information Processing Standards) SED security optional models are available. Security optional models are not available in all countries due to export and local regulations. LinkedIn is a trademark of LinkedIn Corporation and its affiliates in the United States and/or other countries. Other company names, product names and service names may be trademarks of third-party companies. View source version on Contacts Media Contact:Dena JacobsonLages & AssociatesTel: (949) 453-8080dena@ Company Contact: Mia CoolKIOXIA America, (408) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
4 minutes ago
- Associated Press
KIOXIA Announces Industry's First 245.76 TB NVMe SSD Built for the Demands of Generative AI Environments
SAN JOSE, Calif.--(BUSINESS WIRE)--Jul 21, 2025-- KIOXIA America, Inc. has expanded its high-capacity KIOXIA LC9 Series enterprise SSD lineup by introducing the industry's first 1 245.76 terabyte (TB) 2 NVMe™ SSD in a 2.5-inch and Enterprise and Datacenter Standard Form Factor (EDSFF) E3.L form factor. This new capacity and form factor option complements the previously announced 122.88 TB (2.5-inch) model and is purpose-built for the performance and efficiency demands of generative AI environments. This press release features multimedia. View the full release here: Featuring a 32-die stack of 2 Tb BiCS FLASH QLC 3D flash memory with innovative CBA technology, KIOXIA LC9 Series SSDs deliver the speed, scale, and density required to support the next wave of AI-centric workloads. Generative AI places unique demands on storage, including the need to store vast datasets for training large language models (LLMs), and to create embeddings and vector databases that support inference through retrieval augmented generation (RAG). These workloads require storage solutions with large capacity, high speed, and exceptional power efficiency. Featuring a 32-die stack of 2 terabit (Tb) 3 BiCS FLASH™ QLC 3D flash memory with innovative CBA (CMOS directly Bonded to Array) technology, KIOXIA LC9 Series SSDs deliver the speed, scale, and density required to support the next wave of AI-centric workloads. This combination of advanced memory architecture and CBA technology enables 8 TB 3 in a small 154 BGA package – also an industry first 1. This milestone was made possible with advancements in Kioxia's high-precision wafer processing, material design, and wire bonding technologies. KIOXIA LC9 Series SSDs are well-suited for data lakes, where massive data ingestion and rapid processing are essential. Unlike HDDs, which often bottleneck performance and leave costly GPUs underutilized, KIOXIA LC9 Series SSDs enable dense storage in a compact footprint. By delivering up to 245.76 TB, each drive can replace multiple power-hungry HDDs, offering superior performance, lower overall power consumption, fewer drive slots used, and more efficient cooling, which would significantly lower total cost of ownership (TCO). KIOXIA LC9 Series SSDs Features Include: 'KIOXIA has a long history of advancing flash storage, and the KIOXIA LC9 Series continues that legacy by setting a new benchmark for capacity and innovation in the SSD space,' said Neville Ichhaporia, senior vice president and general manager of the SSD business unit at KIOXIA America, Inc. 'As generative AI reshapes data center architecture, we're delivering the kind of breakthrough technology that enables our customers to optimize their IT infrastructure investments - pushing boundaries in performance, efficiency, and scale.' KIOXIA LC9 Series SSDs are now sampling to select customers and will be featured at the Future of Memory and Storage 2025 conference, taking place August 5–7 in Santa Clara. For more information, please visit and follow the company on X, formerly known as Twitter and LinkedIn®. About KIOXIA America, Inc. KIOXIA America, Inc. is the U.S.-based subsidiary of KIOXIA Corporation, a leading worldwide supplier of flash memory and solid-state drives (SSDs). From the invention of flash memory to today's breakthrough BiCS FLASH™ 3D technology, KIOXIA continues to pioneer innovative memory, SSD and software solutions that enrich people's lives and expand society's horizons. The company's innovative 3D flash memory technology, BiCS FLASH, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, automotive systems, data centers and generative AI systems. For more information, please visit © 2025 KIOXIA America, Inc. All rights reserved. Information in this press release, including product pricing and specifications, content of services, and contact information is current and believed to be accurate on the date of the announcement, but is subject to change without prior notice. Technical and application information contained here is subject to the most recent applicable KIOXIA product specifications. Notes: 1: As of July 21, 2025, based on Kioxia survey. 2: Definition of SSD capacity: Kioxia Corporation defines a kilobyte (KB) as 1,000 bytes, a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes, a terabyte (TB) as 1,000,000,000,000 bytes, and a kibibyte (KiB) is 1,024 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 2^30 bytes = 1,073,741,824 bytes and 1TB = 2^40 bytes = 1,099,511,627,776 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, and/or pre-installed software applications, or media content. Actual formatted capacity may vary. 3: The flash memory capacity is calculated as 1 terabit (1 Tb) = 1,099,511,627,776 (2^40) bits, and 1 terabyte (1 TB) = 1,099,511,627,776 (2^40) bytes. 4: For RocksDB purposes, Kioxia confirmed the Write Amplification Factor (WAF) is approximately 1.1 when using the FDP function with the plug-in (a function extension program released on the Kioxia GitHub account. ). 5: The KIOXIA LC9 Series SSD supports Leighton-Micali Signature (LMS) algorithm acknowledged by CNSA 2.0 (Commercial National Security Algorithm Suite 2.0) as a digital signature algorithm to prevent firmware tampering in preparation for threats to conventional cryptographic algorithms posed by quantum computers. Advanced Encryption Standard (AES-256) with a key length of 256 bits, which is the data encryption algorithm used in KIOXIA LC9 Series SSD, is also acknowledged by CNSA 2.0. 2.5-inch indicates the form factor of the SSD and not its physical size. Read and write speed may vary depending on various factors such as host devices, software (drivers, OS etc.), and read/write conditions. NVMe and NVMe-MI are registered or unregistered trademarks of NVM Express, Inc. in the United States and other countries. PCIe is a registered trademark of PCI-SIG. The OCP and OPEN COMPUTE PROJECT marks are owned by and used with the permission of the Open Compute Project Foundation. Sanitize Instant Erase (SIE), Self-Encrypting Drive (SED) and FIPS (Federal Information Processing Standards) SED security optional models are available. Security optional models are not available in all countries due to export and local regulations. LinkedIn is a trademark of LinkedIn Corporation and its affiliates in the United States and/or other countries. Other company names, product names and service names may be trademarks of third-party companies. View source version on CONTACT: Media Contact: Dena Jacobson Lages & Associates Tel: (949) 453-8080 [email protected] Contact: Mia Cool KIOXIA America, Inc. Tel: (408) 526-3087 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA INDUSTRY KEYWORD: APPS/APPLICATIONS TECHNOLOGY SEMICONDUCTOR SECURITY NANOTECHNOLOGY SOFTWARE HARDWARE ELECTRONIC DESIGN AUTOMATION DATA MANAGEMENT ARTIFICIAL INTELLIGENCE SOURCE: KIOXIA America, Inc. Copyright Business Wire 2025. PUB: 07/21/2025 10:00 PM/DISC: 07/21/2025 10:01 PM
Associated Press
4 minutes ago
- Associated Press
Huida Tech Brings Smart Agriculture Equipment to North American Farmers
'Our goal is to make advanced agri-tech accessible and practical for North American farmers,' said Calvin Cai, Vice President of Huida Tech North America. 'By combining proven global technology with local support and service, we're here to be a true partner in driving long-term farm productivity and sustainability.' Huida Tech, a top Chinese agri-tech firm, has entered North America to offer smart farming tools like auto-steering systems and drones. Led by VP Calvin Cai, the company focuses on localized support, dealer partnerships, and accessible pricing. With projected $6–7M revenue by 2025, Huida aims to be a long-term partner in farm productivity and sustainability. Huida Tech, a leading Chinese manufacturer of intelligent agricultural machinery, has officially launched operations in North America, offering smart farming solutions designed to meet the needs of large-scale producers across the United States and Canada. The company's expansion comes amid growing demand for precision agriculture tools that improve field productivity, reduce labor dependency, and enhance sustainability. Huida Tech's product offerings in the region include high-precision auto-steering systems for tractors and high-capacity agricultural drones for crop spraying and spreading. 'We're here to provide accessible, efficient, and field-tested solutions for North American farmers,' said Calvin Cai, Vice President and Head of North America at Huida Tech. 'Our focus is on performance, reliability, and localized service.' Localizing Smart Solutions for U.S. Farmers Huida Tech's North American product line reflects a deep understanding of regional farming priorities, especially in the Midwest and Great Plains. In particular, the company has emphasized two technologies: 'Many U.S. farmers face high subscription costs and limited hardware compatibility with legacy providers,' Cai noted. 'We aim to provide a straightforward, one-time purchase model with full service support.' Commitment to North American Market Since initiating its North American launch in 2023, Huida Tech has: The company expects to achieve $6–7 million in North American revenue by 2025, supported by strong early adoption among independent growers and mid-sized farm operations. Background: Innovation Rooted in Experience Founded in China, Huida Tech has established itself as a trusted provider of agricultural automation tools, particularly in high-production regions such as Heilongjiang, Shandong, and Xinjiang. The company's technology has been used on over 118 million acres cumulated operational area globally. Calvin Cai, who leads the North America division, brings over 15 years of experience in technology entrepreneurship and international business. Prior to joining Huida, he founded and scaled ventures in mobile software distribution and agricultural data infrastructure. 'We understand that farming is local, and so is trust,' Cai said. 'That's why we've invested in on-the-ground presence, training, and ongoing farmer relationships.' Serving Farmers at Every Stage Huida Tech plans to continue expanding its support footprint across North America while refining its technology to meet local regulations and climate conditions. The company is also exploring collaborative opportunities with research institutions and extension programs to further tailor its solutions. 'Our mission is not just to sell equipment,' Cai emphasized. 'It's to become a dependable partner in farmers' long-term productivity and sustainability.' As digital agriculture continues to grow in relevance, Huida Tech's presence in North America signals a new phase in global agri-tech collaboration — one focused not on disruption, but on partnership and practical support. Media Contact Company Name: Asian Creative Foundation Contact Person: Jemma Wu Email: Send Email City: New York State: New York Country: United States Website: Press Release Distributed by To view the original version on ABNewswire visit: Huida Tech Brings Smart Agriculture Equipment to North American Farmers
