AI Summary24 Apr 20267 Dhuʻl-Qiʻdah 1447 AH
AI Summary
24 Apr 20267 Dhuʻl-Qiʻdah 1447 AH
VAST Data closes Series F round at $30B valuation
VAST Data, a US-based AI infrastructure company, has raised around $1 billion in a Series F funding round, achieving a valuation of $30 billion. The round was led by Drive Capital, with Access Industries co-leading, alongside investors like NVIDIA, Fidelity, and NEA.
Founded in 2016 by Renen Hallak, VAST Data is developing an AI Operating System that integrates data, compute, and real-time processing. The new funding will accelerate its global expansion and strategic acquisitions, particularly in Saudi Arabia and the UAE.
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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.
VAST Data closes Series F round at $30B valuation
VAST Data, a US-based AI infrastructure company, has raised around $1 billion in a Series F funding round, achieving a valuation of $30 billion. The round was led by Drive Capital, with Access Industries co-leading, alongside investors like NVIDIA, Fidelity, and NEA.
Founded in 2016 by Renen Hallak, VAST Data is developing an AI Operating System that integrates data, compute, and real-time processing. The new funding will accelerate its global expansion and strategic acquisitions, particularly in Saudi Arabia and the UAE.
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This summary is generated with AI and receives periodic editorial review. Refer to the original source for full details.
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