Hey there, tech lovers! Today, let’s dive into an exciting story about a storage company making big moves in AI infrastructure.

Vast Data, a rising star in storage technology, is reportedly in discussions with Alphabet’s venture arm, CapitalG, and Nvidia about raising a new funding round. This could see the company’s valuation soar up to $30 billion, according to sources cited by Reuters.

Previously, in June, reports indicated Vast Data was aiming for a $25 billion valuation, and now, with this potential funding, it might become one of the most valuable tech firms out there. Last year, Vast Data was valued at about $9.1 billion, and it’s known for developing storage solutions optimized for AI data centers.

The company has already secured $380 million and is cash flow positive, with revenue hitting $200 million annually as of January 2025. Experts expect this figure to rise to $600 million next year, especially as AI and data center expansion accelerate amid government backing and market interest.

Keep an eye on this space — Vast Data could soon be a giant in the AI infrastructure world!