Rewards Hub AI startup Vast Data has successfully completed a $1 billion funding round, elevating its valuation to over $30 billion. Notable investors in this round include NVIDIA. Founded in 2016, Vast Data specializes in large-scale data management software infrastructure tailored for AI applications. The company supports millions of GPU-powered workloads for prominent clients such as CoreWeave, Mistral, the U.S. Air Force, and Cursor. This latest funding round significantly boosts its valuation from $9.1 billion in 2023.
Vast Data Secures $1 Billion Funding, Valuation Hits $30 Billion
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