Vast Data raises $1B at $30B valuation as AI infrastructure demand accelerates

Vast Data raises $1B at $30B valuation as AI infrastructure demand accelerates

Vast Data Inc. today said it has raised about $1 billion in a late-stage Series F funding round that values the company at $30 billion amid growing demand for infrastructure to support artificial intelligence workloads. Founder and Chief Executive Renen Hallak (pictured) said the size of the round was driven by investor interest rather than […] The post Vast Data raises $1B at $30B valuation as AI infrastructure demand accelerates appeared first on SiliconANGLE.

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