News Summary:
On July 30, 2026, CoreWeave, an AI cloud platform, continued to utilize Backblaze B2 object storage to support demanding AI workloads, storing massive datasets durably, accessibly, and cost-effectively without requiring every dataset to be in the highest-performance tier. Also on July 30, Backblaze Inc. announced it will host an Investor Day on September 9, 2026, beginning at 9:30 a.m. Eastern time. Earlier the same day, Backblaze launched a Generative Media Hackathon, encouraging developers to explore multimodal AI, video and audio generation, and agentic media pipelines. This follows news from July 30 highlighting Backblaze’s re-rating hinges on a five-year multi-exabyte data-storage agreement with CoreWeave, an AI-infrastructure provider and supplier to nine of the top 10 AI model developers, which was initially announced on June 23, 2026, and carries a total contract value of approximately $335 million.
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