The Big Story: Pure Storage has a new name, a new acquisition, and a major milestone under its belt. Now operating as Everpure (PSTG.US), the data infrastructure giant is making a serious pivot to capitalize on the artificial intelligence boom, shedding its legacy identity as a traditional storage vendor.

The transformation is anchored by its recent move to acquire data intelligence firm 1touch, a clear signal that Everpure wants to be the underlying governance platform for modern, data-heavy workloads. Financially, the pivot is already paying off. The company posted its first-ever $1 billion quarter in fiscal Q4 2026, pushing full-year revenue to $3.7 billion, and is now forecasting up to $4.4 billion for fiscal 2027.

Also: It’s securing the biggest players in the cloud space. Everpure recently landed a critical design win with a second top-five global hyperscaler. This serves as a massive validation of its Data-Primacy Architecture rolled out earlier this year specifically for the AI era. With management expecting revenue from these hyperscale giants to ramp up heavily in the back half of the year, Everpure is cementing its position in the broader tech hardware race.