Vast Data in talks with Alphabet’s CapitalG, Nvidia to fund round at up to $30B valuation

Vast Data, an AI data storage company, is reportedly in talks with Alphabet's CapitalG and Nvidia to raise funding at a valuation of up to $30 billion. This potential funding round could make Vast Data one of the most valuable companies in the world. Vast Data specializes in developing data storage solutions that leverage artificial intelligence and machine learning to optimize performance and efficiency. The company's technology has gained significant traction in the market, as businesses increasingly rely on data-driven insights to drive their operations. The reported funding round, if successful, would provide Vast Data with the resources to further expand its product offerings and enhance its technological capabilities. This would likely strengthen the company's position in the rapidly evolving data storage and management landscape. The involvement of prominent investors like Alphabet's CapitalG and Nvidia suggests that they see significant potential in Vast Data's technology and its ability to address the growing demand for advanced data storage solutions.