Major Investment Round Signals Confidence in Data Management and AI Infrastructure
Alphabet's growth-stage venture arm, CapitalG, together with Nvidia, are in advanced negotiations to lead a multi-billion dollar funding round in Vast Data, a rising star in cloud data infrastructure. This deal could value Vast Data at as much as $30 billion, underscoring the growing importance of data-centric technologies and artificial intelligence in the enterprise sector[2][3].
About Vast Data and Its Rapid Growth
Vast Data, founded in 2016, specializes in unified storage and data management platforms designed for artificial intelligence and analytics workloads. The company has gained considerable traction in recent years, reporting revenue growth and strong customer adoption. As of January 2025, Vast Data had reportedly reached $200 million in annualized recurring revenue[2].
Details of the Potential Investment
- The fundraising round, if completed, would be among the largest in the cloud infrastructure and AI sector this year.
- CapitalG and Nvidia are expected to be the primary investors, with participation from existing and new backers.
- The talks reflect continued enthusiasm for infrastructure companies that can enable enterprises to harness advanced AI applications.
Why CapitalG and Nvidia?
CapitalG, the late-stage investment arm of
Google parent Alphabet, has a track record of supporting innovative technology companies poised for rapid expansion. Nvidia, recognized for its industry-leading AI hardware, is also a critical supplier for companies deploying large-scale machine learning models.
Both investors have intensified their focus on the data and AI infrastructure space, positioning themselves at the core of the next wave of enterprise digital transformation[2][3].
Industry Context and Strategic Implications
- With AI workloads surging, organizations require robust solutions for data storage, management, and real-time analytics.
- The interest from both Alphabet and Nvidia suggests that transformative advances in infrastructure are essential for the continued evolution of
ChatGPT and similar AI tools.
- A successful round would place Vast Data among the world’s most valuable private data infrastructure firms and reinforce industry momentum towards scalable, AI-ready architecture.
What’s Next?
While the investment talks are advanced, the final terms could still change before an agreement is reached. If successful, this deal will send a strong signal about the strategic priorities of tech giants and the ongoing shift towards data-driven enterprise solutions[2][3].
