AIBullishBlockonomi · 4h ago7/10
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Backblaze (BLZE) Stock Soars 44% on Massive $335M CoreWeave Storage Agreement
Backblaze stock surged 44% following a $335M storage agreement with CoreWeave, signaling strong market demand for HDD infrastructure supporting AI operations. The deal validates hard disk drives as essential infrastructure for large-scale AI deployments, prompting analyst upgrades and positioning Backblaze as a critical player in the AI infrastructure buildout.