In a move that underscores the growing convergence of decentralized infrastructure and enterprise AI, Inveniam Capital Partners has signed a definitive agreement to acquire Storj, a long-time player in decentralized cloud storage, the company said in a press release Wednesday. Financial details of the transaction were not disclosed. The deal will fold Storj’s distributed storage and compute capabilities into Inveniam’s data operating and orchestration platform for private markets, the company said. Stor ...

The decentralized cloud storage pioneer Storj crypto has officially agreed to be acquired by Inveniam Capital Partners, the global leader in decentralized AI and private market data infrastructure, a move that could reshape the landscape for Web3 cloud services and decentralized data management. Announced on October 22, the acquisition marks a pivotal step for both companies, combining Storj’s distributed storage and compute network with Inveniam’s expertise in AI-driven data orchestration for private mar ...