# VAST Data raised $1 billion in a Series F round at a $30 billion valuation.

*fintech · news · 2026-04-22 · TNW*

## Key points

- VAST Data raised $1 billion in Series F at a $30 billion valuation, over triple last round.
- Over $500 million of the round is secondary capital, reducing IPO urgency and shareholder pressure.
- VAST Data powers xAI’s Colossus 200,000-GPU cluster, cutting total cost of ownership by 50%.
- Nvidia actively integrates VAST's CUDA-accelerated OS, bringing storage and compute onto the same GPUs.
- VAST's single-tier, flash-first architecture claims to eliminate traditional storage bottlenecks for AI workloads.

**Companies:** Nvidia, Drive Capital, Access Industries, Fidelity Management and Research Company, VAST Data, CoreWeave, xAI
**Countries:** Israel, United States

[Read the full story on TNW](https://thenextweb.com/news/vast-data-1b-raise-30b-valuation-nvidia-ai-storage)

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