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NetApp Inc. (NTAP) said Friday it plans to acquire PEAK:AIO, a software-defined AI storage company, as it looks to expand the capabilities of its storage platform for increasingly large artificial intelligence workloads.The planned acquisition would bring PEAK:AIO’s metadata architecture and high-p…
NetApp announced its intent to acquire PEAK:AIO to augment metadata services and parallel file systems for AI workloads, subject to customary closing conditions and regulatory approvals.Material DetailsContext by AI AnalystThis is an early-stage move to deepen NetApp’s AI infrastructure capabilitie…