Vast Data, which makes software infrastructure for managing large amounts of data with a focus on AI applications, raised a $1B Series F at a $30B valuation
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, with Nvidia among those backing the AI company.
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Vast Data Hits $30B Valuation With Massive $1B Series F
AI data infrastructure company Vast Data raised $1 billion at a $30 billion valuation, with Nvidia among its backers.
Vast Data just locked down a billion-dollar Series F round, catapulting its valuation to $30 billion. Nvidia is among the investors backing the AI-focused data infrastructure company.
Vast Data builds software infrastructure designed to manage enormous volumes of data, with a particular focus on AI workloads. The kind of plumbing that becomes essential when every company on the planet is trying to train or deploy models at scale.
A $30 billion valuation puts Vast Data in rarefied air among private tech companies. The round signals continued investor appetite for the picks-and-shovels layer of the AI stack — the infrastructure that makes the flashy stuff possible.
Having Nvidia on the cap table doesn't hurt either. The chipmaker has been strategically investing across the AI ecosystem, backing companies whose growth directly feeds demand for its hardware.