Five-year, $335 million storage capacity agreement with Backblaze
Company: CoreWeave
The claim, verbatim
CoreWeave has committed to a five-year, $335 million agreement with Backblaze to acquire multi-exabyte storage capacity for its managed storage infrastructure
Source (primary)
BLZE Stock On Track For Its Best Day Since March 2024 – ‘Game-Changing’ CoreWeave Deal Sparks Analyst Upgrades - Stocktwits (-, news_article)
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Quote: “A five-year, $335 million deal with CoreWeave has put Backblaze in the spotlight, where the company aims to provide cost-efficient storage capacity that supports portions of CoreWeave's managed storage infrastructure.”
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Additional evidence
confirms BLZE Stock On Track For Its Best Day Since March 2024 – ‘Game-Changing’ CoreWeave Deal Sparks Analyst Upgrades - Stocktwits
Quote: “A five-year, $335 million deal with CoreWeave has put Backblaze in the spotlight, where the company aims to provide cost-efficient storage capacity that supports portions of CoreWeave's managed storage infrastructure.”