DataDirect Networks (DDN), a decades-old computing company, is benefiting from the AI boom.DDN offers crucial data storage for AI data centers, specializing in fast access to stored data for GPU users.The company has been working with Nvidia for eight years and is now seeing exponential success due to the scalability of AI storage systems.DDN recently raised $300 million from Blackstone, valuing the company at $5 billion and positioning it for further expansion.