VAST Data is reportedly in advanced talks with CapitalG and Nvidia for a new funding round that could value the AI infrastructure company at up to $30 billion, highlighting strong investor appetite for AI data center and storage plays.

AI infrastructure startup VAST Data is in advanced talks with Alphabet's CapitalG and Nvidia to raise billions, with a potential valuation of $30 billion. The company has $200M in ARR and is laying groundwork for a future IPO.