Nvidia-Backed VAST Data Raises ~$1 Billion at $30 Billion Valuation
AI data-infrastructure company VAST Data raised approximately $1 billion in a Series F at a $30 billion valuation, with Drive Capital leading and Nvidia among the backers.
What Drove This Round?
AI workloads are driving explosive demand for high-performance data platforms
VAST's storage-and-data architecture underpins large-scale AI training and inference
Nvidia's backing aligns VAST with the dominant AI-compute ecosystem
Capital funds product expansion and global go-to-market scaling
Drive Capital led the round with strong strategic participation
Impact Analysis
At a $30 billion valuation, VAST Data has become one of the most valuable AI-infrastructure startups, riding the data-platform layer of the AI buildout. The round accelerates hiring across systems engineering, AI infrastructure, and enterprise sales, reflecting how much of the AI value chain now sits in storage, data movement, and inference plumbing.
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