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Live Updates  >  Live Update Details

2025-08-01 18:01:28

[Billion-dollar giants are betting big, are AI unicorns seeing their valuations skyrocket overnight?] ⑴ Sources revealed that AI infrastructure provider Vast Data is seeking a new round of funding with a potential valuation of up to $30 billion. ⑵ This valuation represents a significant increase from its previous round of funding in 2023, which raised $9.1 billion. ⑶ It is reported that Google's CapitalG and Nvidia are in talks to participate in this round. ⑷ Vast Data specializes in providing storage technology for large-scale AI data centers, with clients including companies like xAI. ⑸ Despite not yet going public, Vast Data's annual recurring revenue reached $200 million earlier this year and is expected to grow to $600 million next year. ⑹ The company has hired the former CFO of Shopify and is considered a potential IPO candidate. ⑺ As the AI boom continues to heat up, giants like Nvidia are actively building a complete AI supply chain through acquisitions and investments. ⑻ As a key component, Vast Data's technological maturity is considered superior to its competitors, making it an attractive investment target. (Refinitiv)

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