Latest news with #Hammerspace
Business Wire
19-06-2025
- Business
- Business Wire
Hammerspace Now Available on Oracle Cloud Marketplace
SAN MATEO, Calif.--(BUSINESS WIRE)--Hammerspace, the standards-based data platform that simplifies AI infrastructure and an Oracle partner, today announced its solution is available on the Oracle Cloud Marketplace and can be deployed on Oracle Cloud Infrastructure (OCI). Oracle Cloud Marketplace is a centralized repository of enterprise applications offered by Oracle and Oracle partners. With the Hammerspace Tier 0 solution, enterprises can transform existing local NVMe storage into ultra-fast, persistent shared storage inside OCI GPU virtual machines (VMs), eliminating the need for replication and avoiding delays or compromises. Hammerspace helps enable enterprises to leverage the full potential of existing GPU server capacity in hybrid cloud, multi-cloud and geographically distributed environments by providing a high-performance global namespace that spans sites, clouds and storage systems. It allows data to be sourced from on-premises storage and delivered directly to GPU resources in OCI at maximum speeds. With the Hammerspace Tier 0 solution, enterprises can transform existing local NVMe storage into ultra-fast, persistent shared storage inside OCI GPU virtual machines (VMs), eliminating the need for replication and avoiding delays or compromises. The Tier 0 solution enables enterprises to feed thousands of GPUs in parallel, reducing idle cycles and supporting low-latency data access for both reads and writes. This capability accommodates a wide variety of workloads, including training, inference and high-performance computing. In recent OCI performance benchmarks, the Hammerspace Tier 0 solution delivered 2.5X faster read bandwidth, 2X higher write throughput, and 51 percent lower latency when compared to the same client servers connected to external networked storage running on OCI. These results were achieved using OCI bare metal shapes, with zero custom software or hardware, leveraging the Hammerspace Tier 0 solution, which utilizes low-latency NVMe storage local to OCI GPU VM shapes. 'We are excited about adding Hammerspace's high-performance Data Platform to the Oracle Cloud Marketplace,' said Cameron Bahar, SVP and GM, OCI. 'The Hammerspace Tier 0 solution will help OCI joint customers to optimize file system performance for their GPU-based HPC and AI workloads.' 'OCI's leadership in performance, price, and GPU availability makes this a critical partnership for us,' said David Flynn, founder and CEO of Hammerspace. 'Enterprise AI needs more than raw compute — it needs data delivered with zero friction. Hammerspace Tier 0 transforms local NVMe storage into a shared, global, high-performance data plane that our customers are using right now to power the next generation of AI in OCI. Hammerspace's participation in Oracle Cloud Marketplace further extends our commitment to the Oracle community and enables customers to easily reap the benefits of reduced storage costs, lower power consumption and increased GPU utilization.' Oracle Cloud Marketplace is a one-stop shop for Oracle customers seeking trusted business applications and services that offer unique solutions. Designed to run any application faster and more securely for less, OCI can help address a variety of data privacy, sovereign AI, and low latency requirements. It is the only hyperscaler capable of delivering 200+ AI and cloud services at the edge, in a customer's data center, across clouds, or in the public cloud. Oracle's distributed cloud delivers the benefits of the cloud with greater control and flexibility while also providing the consistent performance, Service Level Agreements (SLAs) and global pricing, for which OCI has become known. About Hammerspace Hammerspace is a high-performance data platform built to simplify AI infrastructure at scale. It makes all your data immediately accessible, anywhere — across on-prem and cloud environments — without copying or migrating data. Hammerspace integrates with your existing storage, networking, and applications to create a unified, high-speed data backbone for AI, accelerating every stage of the AI pipeline while eliminating data silos. Learn more at About Oracle's Partner Program Oracle's partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit Trademark Oracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company — ushering in the new era of cloud computing.
Technical.ly
23-04-2025
- Business
- Technical.ly
DataPhilly Industry Panel: Leading AI Innovation – Philly Tech Week 2025
Event Description Join DataPhilly for a special Philly Tech Week 2025 event, hosted by Hammerspace! This exclusive panel discussion will explore AI innovation and leadership, featuring industry experts who are shaping the future of artificial intelligence. 📅 Date: May 8, 2025 ⏰ Time: 6:00–10:00 PM 📍 Location: The Pyramid Club (Premier Private Business & Social Club), 1735 Market St, 52nd floor, Philadelphia This dynamic discussion, moderated by Andreas Welsch, a renowned AI expert and author of ' AI Leadership Handbook,' will address critical topics, including building AI-centric cultures, ethical considerations, and real-world problem-solving, offering diverse perspectives on the AI landscape. Discover how to leverage AI for competitive advantage and connect with fellow professionals passionate about shaping the future of innovation. Following the panel discussion, attendees are invited to a networking mixer, providing a valuable opportunity to connect directly with panelists, industry peers, and potential collaborators, fostering meaningful connections and expanding professional networks within the AI community. *Speaker lineup and agenda details coming soon!
Yahoo
16-04-2025
- Business
- Yahoo
Hammerspace, an unstructured data wrangler used by Nvidia, Meta and Tesla, raises $100M at $500M+ valuation
Artificial intelligence services at their heart are massive data plays: you need data — a lot of it — to build the models, and then the models need efficient ways to ingest and output data to work. A company called Hammerspace has built a system to help AI and other organisations tap into data troves with minimal heavy lifting, and it's been seeing impressive adoption. Now, with customers including NVIDIA, Meta, Tesla, Palantir and the Department of Defense as well as other very recognisable names, Hammerspace is announcing $100 million in funding to expand its business. The funding is being described as a 'strategic venture round,' and it values Hammerspace at over $500 million, sources close to the company told TechCrunch. Its backers include Altimeter Capital and ARK Invest, alongside strategic investors that are not being disclosed. The investors are being described as 'highly participatory.' The funding is notable because it points to the ecosystem developing around the value that the market sees in AI companies, which are raising billions of dollars both to build their capital-intensive businesses and meet massive demand. But as Jamin Ball, a partner at Altimeter, noted, 'You don't have an AI strategy without a data strategy.' So a company that is building a platform to enable that data strategy can itself become very valuable, too. Hammerspace said much of its growth so far has been through word-of-mouth. It will be using a portion of this funding to expand on that more proactively with sales and marketing. Hammerspace previously raised $56 million from Prosperity7 Ventures (the venture arm of Saudi Aramco), ARK Invest, Pier 88 Hedge Fund, and other unnamed investors. Prior to that, it was self-funded by its CEO and co-founder David Flynn, the pioneer technologist known for his early work on Linux, supercomputers and flash computing. There are a vast number of companies that have set out to plug the big gap that exists in the data market today. "Vast" is an operative word here, as it is one of the companies that competes with Hammerspace, along with Dell, Pure Storage, Weka and many others in the worlds of data orchestration, file management, data pipeline, and data management. That gap goes something like this: The apps and other digital services we use to work and do everything else in life these days produce a lot of potentially valuable data. But data troves exist in silos — they're fragmented, stored across multiple (competing) clouds and other environments, and are often unstructured. That makes them a challenge to use. This gap applies across a wide range of enterprise use cases, but perhaps the biggest of these at the moment is AI. 'AI has been the perfect storm for needing what I have built,' Flynn said in an interview. Hammerspace, as we've noted before, is named after the concept first coined from cartoons and comics, where characters pull objects they need out of thin air. This is, in effect, what Hammerspace does. The startup provides a way of making large amounts of data, regardless of where it lives or how it is used, accessible and available to an organization just when they need it, and keeping it out of the way when they do not. As Flynn describes it, typically the way that enterprises would have worked with data would be to port it from wherever it is to where it needs to be processed. 'You need to install stuff on every system,' he said. 'It's a mess.' It's also slow. 'The AI arms race is such a sprint,' he said. With 'time to value' now a key priority for these companies, Hammerspace is signing up a lot of customers that are anxious about idle time. Flynn's background in flash computing is central to Hammerspace's breakthrough. Built on Linux, ubiquitous in the database world, he could see that the key to organising data across disparate locations was to create a file system to do so. The heart of this is the Linux kernel NFS client, ubiquitous across many of the data systems. Hammerspace's co-founder and CTO Trond Myklebust was the lead developer of the Linux kernel NFS client, and the startup remains its lead maintainer. The 'file system' that the company has built for managing, moving and orchestrating data is based on a particular implementation in Linux that taps this. What it does, Flynn said, 'is unique across the industry.' Longer term, Flynn said last year that Hammerspace may go public as early as this year. That timeline has changed now but the direction has not. "Yes, IPO is absolutely the Hammerspace intended strategy," Flynn said. "We likely are still approximately two years out (dependent on market conditions)." This article originally appeared on TechCrunch at Sign in to access your portfolio
