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Blackstone Invests $300 Million in DDN
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Blackstone Invests $300 Million in DDN
Jan 9, 2025 6:32 AM

09:02 AM EST, 01/09/2025 (MT Newswires) -- Blackstone (BX) has invested $300 million in artificial intelligence and data intelligence services provider DDN, the companies said in a joint statement Thursday.

The investment was made through funds managed by Blackstone Tactical Opportunities at a $5 billion valuation and will support DDN's growth, they said.

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