Friday, August 1, 2025

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

There seems to be quite a bit of money sloshing around.

From TechCrunch via MSN, August 1:

AI storage platform Vast Data is in talks with Alphabet’s venture arm CapitalG and existing backer Nvidia to raise a fresh round that could value the startup at up to $30 billion, Reuters reported, citing two sources.

TechCrunch reported last month that Vast Data was working to raise funds at a $25 billion valuation. 

The round could close in the next few weeks, per Reuters, which would make New York-based Vast Data — last valued at $9.1 billion in 2023 — one of the most valuable tech companies. ...

....MORE 

So far this morning: