fintech / news / / TNW
VAST Data raised $1 billion in a Series F round at a $30 billion valuation.
VAST Data raised $1 billion in Series F at a $30 billion valuation, over triple last round.
KEY POINTS
- 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
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