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Alphabet's Venture Arm CapitalG and NVIDIA Reportedly In Talks to Participate in Vast Data's Latest Funding Round
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Alphabet's (GOOGL.US) venture arm CapitalG is in discussions with NVIDIA (NVDA.US) to invest in AI infrastructure startup Vast Data, with a potential valuation of up to US$30 billion, Reuters reported, citing sources. The startup is reportedly raising billions of US dollars from tech giants, private equity funds, and venture capital investors, with CapitalG and existing investor NVIDIA negotiating to participate in the current funding round, which is anticipated to close in a few weeks. AASTOCKS Financial News Website: www.aastocks.com |
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