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LAS VEGAS - Backblaze, Inc. (NASDAQ:BLZE), whose stock has surged over 36% in the past week, announced that its Senior Product Manager for AI, Jeronimo De Leon, will deliver a presentation on AI storage infrastructure at the upcoming Ai4 2025 conference on August 12. According to InvestingPro analysis, the stock is currently showing overbought signals.
The session, titled "The AI Storage Pipeline Starts with Storage," will explore how object storage supports various phases of the AI lifecycle and how enterprises can strategically implement storage solutions to enable scalable and efficient AI pipelines. The company has demonstrated strong execution, with revenue growing 21.8% over the last twelve months to $132.27 million.
"When storage is planned with AI in mind (and vice versa), teams can move faster, iterate, and monetize more efficiently," De Leon said in a press release statement.
The presentation is scheduled for 4:40 p.m. in room 150 as part of the AI Infrastructure and Scalability track at the MGM Grand in Las Vegas. The conference runs from August 11-13, 2025.
Backblaze, which provides cloud object storage services, is participating as a Gold-level sponsor at the event and will have representatives at booth #226.
The San Mateo, California-based company offers cloud storage solutions that businesses use for various purposes including application development, media management, backups, and AI workflows. Backblaze serves over 500,000 customers across 175 countries, according to the company’s press release.
In other recent news, Backblaze Inc. reported its second-quarter 2025 earnings, delivering a surprising earnings per share (EPS) of $0.01, which surpassed the forecasted -$0.05. The company also reported revenues of $36.3 million, exceeding the consensus estimate of $35.4 million and marking a 16% increase compared to the previous year. The B2 Cloud Storage revenue reached $19.8 million, surpassing the expected $19.1 million, while Computer Backup revenue totaled $16.5 million, slightly above the forecasted $16.3 million. In light of these strong earnings results, Citizens JMP raised its price target for Backblaze to $8.00 from $7.00, maintaining a Market Outperform rating. These developments have contributed to a positive investor sentiment. The company’s performance reflects its ability to exceed both earnings and revenue expectations in this quarter.
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