logo
SNIA Announces Storage.AI

SNIA Announces Storage.AI

Associated Press12 hours ago
SANTA CLARA, Calif.--(BUSINESS WIRE)--Aug 4, 2025--
SNIA, a not-for-profit global organization for technologies related to handling and optimizing data, today announced Storage.AI™, an open standards project for efficient data services related to AI workloads. Storage.AI will focus on industry-standard, non-proprietary, and neutral approaches to solving AI-related data problems to optimize the performance, efficiency, and cost-effectiveness of AI workloads.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250804761557/en/
Storage.AI: Improving storage technologies for all AI workloads
Initial industry leaders who have signed on to Storage.AI include AMD, Cisco, DDN, Dell, IBM, Intel, KIOXIA, Microchip, Micron, NetApp, Pure Storage, Samsung, Seagate, Solidigm, and WEKA. In addition to SNIA's substantial membership, the project will work to build broad ecosystem support with SNIA's partners, including UEC, NVM Express®, OCP, OFA, DMTF, SPEC, and others.
AI workloads are extraordinarily complex and constrained by issues related to latency, space, power and cooling, memory, and cost. Addressing these problems through an open industry initiative is the fastest path to optimization and adoption. SNIA's 25+ year track record of developing industry standards, together with its technical accomplishments to accelerate, store, unify, and optimize the compute, movement, and performance of data, makes it uniquely positioned to lead the SNIA Storage.AI data project.
'The unprecedented demands of AI require a holistic view of the data pipeline, from storage and memory to networking and processing,' said Dr. J Metz, SNIA Chair. 'No single company can solve these challenges alone. SNIA's Storage.AI provides the essential, vendor-neutral framework for the industry to coordinate a wide range of data services, building the efficient, non-proprietary solutions needed to accelerate AI for everyone.'
The Storage.AI project will create an open ecosystem for efficient data services to address the most difficult challenges related to AI workloads, closing current gaps in processing and accessing data. The founding members share common goals. For more information, visit snia.ai.
Industry Response
AMD
'The enterprise technologies powering today's most demanding AI workloads are only as effective as the data they can access,' said Robert Hormuth, corporate vice president, Data Center Solutions Group, AMD. 'As a member of Storage.AI, we're excited to collaborate with other leaders to give the industry a neutral, open path to fix data bottlenecks and unlock true AI performance.'
Cisco
'Storage networking has long been a foundational pillar of our customers' digital infrastructure. As AI continues to expand across the enterprise, integrating robust storage solutions with AI workloads has become increasingly important. In today's AI-driven landscape, data sets our customers apart, and the performance and reliability of that data are essential to realizing the full benefits of AI.' Jeremy Foster, SVP and GM, Cisco Compute.
DDN
'As AI continues to reshape every industry, the demand for open, scalable, and intelligent data infrastructure has never been greater,' said Santosh Erram, VP of Public Cloud Alliances at DDN . 'At DDN, we're proud to support SNIA's Storage.AI initiative—an important step toward fostering collaboration, driving interoperability, and setting open standards that enable the AI ecosystem to thrive. By working together, we can unlock faster innovation and more meaningful outcomes for customers and partners across the AI landscape.'
Dell
'To fully realize the potential of AI, enterprises must transform raw data into structured, governed knowledge. Storage and Data Engines play a pivotal role in this journey—powering data pipelines from training and continuous learning to agentic outcomes. These engines must evolve rapidly, embracing innovation across flash media, drives, networking, compute and foundational software. Dell Technologies is proud to collaborate with SNIA to advance the technologies and standards that make this transformation possible,' said Rajesh Rajaraman, CTO and VP Dell Storage, Data and Cyber Resilience.
IBM
'Effective data management is fundamental to the performance, quality, and cost-efficiency of AI projects. AI-optimized storage plays a critical role in enabling this, and the industry urgently needs a consistent methodology and interface for consuming AI-optimized storage. IBM is proud to collaborate with SNIA in advancing these standards and solutions,' said Vincent Hsu, IBM Fellow, CTO and VP for IBM Storage.
Intel
'AI workloads are redefining the boundaries of compute and data infrastructure. Storage.AI offers a critical, vendor-neutral foundation that unites innovation across the ecosystem from storage architecture to memory hierarchy, helping to ensure scalable, efficient solutions, purpose-built for the AI era,' said Ronak Singhal, Intel Senior Fellow, Xeon Products.
Microchip
'Microchip is pleased to support Storage.AI, the new open standard project under SNIA focused on optimizing AI data solutions,' said Brian McCarson, corporate vice president of Microchip's data center solutions business unit. 'Advancing features and capabilities in both our storage and flash controllers is key to providing solutions for complex AI-related data workloads across both Large Language Model and Inference specific hardware architectures.'
Micron
'AI workloads demand unprecedented levels of data throughput, efficiency and scalability,' said Karthik Ganesan, Fellow, Storage Solutions Architecture at Micron. 'As the leaders in memory and storage products for AI workloads, enabling standards to ensure interoperability is critical to our ability to stay on the leading edge of delivering new solutions like our PCIe Gen6 SSDs. By building Storage.AI together using an open approach, we can speed up innovation and create the data infrastructure AI needs to thrive.'
NetApp
'AI workloads demand unprecedented efficiency, scalability, and performance from storage solutions,' said Ed Fiore, Vice President and Fellow, Chief Systems Architect at NetApp. 'NetApp is committed to delivering innovative storage technologies that optimize AI data pipelines, ensuring seamless data access and management. By joining SNIA's Storage.AI initiative, we are excited to collaborate with industry leaders to develop open standards that drive interoperability and unlock the full potential of AI. Together, we will accelerate AI advancements and create a robust ecosystem that benefits everyone.'
Pure Storage
'Storage.AI highlights the role of data infrastructure and management as organizations evolve, interoperate, and scale for an AI future,' said Rob Lee, Pure Storage CTO. 'Pure Storage has long led the storage industry in championing open standards and deep ecosystem integration. As the industry tackles AI-related data challenges to drive real outcomes, Pure Storage sees the foundation in seamless data movement across environments, policy-aware storage orchestration, and a clear focus on ensuring data sovereignty is never a strategic landmine. Artificial intelligence is only as powerful as the data storage platform beneath it, and the future of AI demands modern, scalable infrastructure that is built for flexibility, performance, and governance.'
Samsung
'As AI workloads require faster and more efficient data processing, a collaborative approach is required to address the storage challenges that come with it,' said Leno Park, Vice President of Storage Solutions Product Planning, Samsung Electronics. 'We are excited to join the SNIA Storage.AI initiative and contribute our expertise in memory and storage solutions to help develop industry-standard, non-proprietary approaches that optimize AI performance and efficiency.'
Seagate
'Hard drive storage is critical to unlocking the full value of data in AI workloads—delivering scalable, efficient and cost-effective solutions that support global innovation,' said Jason Feist, Senior Vice President of Cloud Marketing at Seagate Technology. 'By advancing open standards through Storage.AI, Seagate is helping to enable infrastructure growth that meets the increased demand for performance required by the next-gen technology ecosystem.'
Solidigm
'Solidigm is excited to be a founding supporter of Storage.AI, the next big data project from SNIA,' said Greg Matson, Senior Vice President and Head of Products and Marketing, Solidigm. 'Data is the fuel of the AI engine, and we have found, working with our customers, that SSDs are ideal for the AI pipeline—helping reduce power consumption and physical footprint with greater capacity. We look forward to working with SNIA and our industry partners to help advance AI and storage together in this evolving ecosystem.'
WEKA
'AI is pushing infrastructure to its limits, creating efficiency, power, and scale challenges that require industry-wide solutions. Building on SNIA's legacy of advancing storage standards, WEKA is excited to join the Storage.AI initiative to help develop open standards that will benefit the entire AI ecosystem,' said Ajay Singh, chief product officer at WEKA. 'We've long believed that AI needs a new class of data architecture—one that scales with the workload, without compromising performance or resiliency. By working with stakeholders across the entire infrastructure stack, we can better address these core technical challenges and unlock AI's potential to transform the future of innovation.'
Join Storage.AI
The power and impact of industry cooperation in developing open standards are proven. Technical work is beginning now. Companies and industry organizations interested in participating in the groundbreaking project should contact [email protected]
About SNIA
SNIA is a not-for-profit global organization made up of corporations, universities, startups, and individuals. The members collaborate to develop and promote vendor-neutral architectures as well as international standards and specifications. SNIA promotes technologies related to the storage, transport, optimization of infrastructure, acceleration, format, and protection of data.
Follow SNIA at https://www.snia.org/news-events
View source version on businesswire.com:https://www.businesswire.com/news/home/20250804761557/en/
Inquiries:[email protected]
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: DATA MANAGEMENT TECHNOLOGY SOFTWARE NETWORKS ARTIFICIAL INTELLIGENCE INTERNET
SOURCE: SNIA
Copyright Business Wire 2025.
PUB: 08/04/2025 11:30 AM/DISC: 08/04/2025 11:29 AM
http://www.businesswire.com/news/home/20250804761557/en
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

MetLife (MET) To Report Earnings Tomorrow: Here Is What To Expect
MetLife (MET) To Report Earnings Tomorrow: Here Is What To Expect

Yahoo

time15 minutes ago

  • Yahoo

MetLife (MET) To Report Earnings Tomorrow: Here Is What To Expect

Global insurance giant MetLife (NYSE:MET) will be reporting results this Wednesday afternoon. Here's what investors should know. MetLife beat analysts' revenue expectations by 3% last quarter, reporting revenues of $18.83 billion, up 10.6% year on year. It was a slower quarter for the company, with a significant miss of analysts' book value per share estimates and a miss of analysts' EPS estimates. Is MetLife a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting MetLife's revenue to be flat year on year at $18.64 billion, in line with its flat revenue from the same quarter last year. Adjusted earnings are expected to come in at $2.16 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. MetLife has missed Wall Street's revenue estimates four times over the last two years. Looking at MetLife's peers in the life insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Corebridge Financial delivered year-on-year revenue growth of 5.8%, beating analysts' expectations by 7.3%, and Lincoln Financial Group reported revenues up 4.4%, topping estimates by 1.1%. Lincoln Financial Group traded up 7.8% following the results. Read our full analysis of Corebridge Financial's results here and Lincoln Financial Group's results here. Debates around the economy's health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the life insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. MetLife is down 5.3% during the same time and is heading into earnings with an average analyst price target of $94.14 (compared to the current share price of $75). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

HubSpot (HUBS) Reports Q2: Everything You Need To Know Ahead Of Earnings
HubSpot (HUBS) Reports Q2: Everything You Need To Know Ahead Of Earnings

Yahoo

time15 minutes ago

  • Yahoo

HubSpot (HUBS) Reports Q2: Everything You Need To Know Ahead Of Earnings

Sales and marketing software maker HubSpot (NYSE:HUBS) will be announcing earnings results this Wednesday afternoon. Here's what to look for. HubSpot beat analysts' revenue expectations by 2% last quarter, reporting revenues of $714.1 million, up 15.7% year on year. It was a strong quarter for the company, with an impressive beat of analysts' billings estimates and a solid beat of analysts' EBITDA estimates. It added 10,319 customers to reach a total of 258,258. Is HubSpot a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting HubSpot's revenue to grow 16% year on year to $739.3 million, slowing from the 20.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.12 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. HubSpot has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 3.1% on average. Looking at HubSpot's peers in the sales and marketing software segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Freshworks delivered year-on-year revenue growth of 17.5%, beating analysts' expectations by 2.9%, and BigCommerce reported revenues up 3.2%, topping estimates by 1.3%. Freshworks traded down 2.5% following the results while BigCommerce was up 4.6%. Read our full analysis of Freshworks's results here and BigCommerce's results here. The euphoria surrounding Trump's November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the sales and marketing software stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 3% on average over the last month. HubSpot is down 7.8% during the same time and is heading into earnings with an average analyst price target of $736.74 (compared to the current share price of $512.20). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. 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

Primerica Earnings: What To Look For From PRI
Primerica Earnings: What To Look For From PRI

Yahoo

time15 minutes ago

  • Yahoo

Primerica Earnings: What To Look For From PRI

Financial services company Primerica (NYSE:PRI) will be reporting results this Wednesday after market hours. Here's what to expect. Primerica beat analysts' revenue expectations by 2.1% last quarter, reporting revenues of $803.6 million, up 9.4% year on year. It was a mixed quarter for the company, with net premiums earned in line with analysts' estimates but a slight miss of analysts' book value per share estimates. Is Primerica a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Primerica's revenue to grow 6.1% year on year to $786.1 million, slowing from the 9.8% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $5.20 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Primerica has missed Wall Street's revenue estimates four times over the last two years. Looking at Primerica's peers in the life insurance segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Corebridge Financial delivered year-on-year revenue growth of 5.8%, beating analysts' expectations by 7.3%, and Lincoln Financial Group reported revenues up 4.4%, topping estimates by 1.1%. Lincoln Financial Group traded up 7.8% following the results. Read our full analysis of Corebridge Financial's results here and Lincoln Financial Group's results here. The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the life insurance stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. Primerica is down 2.8% during the same time and is heading into earnings with an average analyst price target of $307.29 (compared to the current share price of $265.39). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store