The growth investment in NetBrain will accelerate innovation and scale its AI-powered platform that automates network operations.

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Investment giant Blackstone announced it is backing network automation firm NetBrain Technologies, taking a majority stake in the firm that puts a total NetBrain valuation at around $750 million.

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Blackstone's growth fund and affiliates have agreed to make an investment in NetBrain Technologies that gives the network automation and AI platform a $750 million valuation.

Alternative asset manager Blackstone (BX) announced on Tuesday a majority growth investment in the network automation and AI ...

Blackstone Inc. is acquiring a majority stake in NetBrain Technologies Inc. in a fresh bet that artificial intelligence will ...