VAST Data Valued at $30 Billion in Latest Funding Round
VAST Data, backed by Nvidia, has been valued at $30 billion following a $1 billion funding round, marking a more than threefold increase since 2023. The funding is driven by growing demand for AI infrastructure, with proceeds to be used for global expansion and strategic partnerships. The company provides data storage and processing solutions for AI systems.
Topics: AI infrastructure funding Nvidia valuation VAST Data