Tag Archives: VAST Data

VAST Data Secures $30B Valuation in Landmark Funding Round

New funding reflects VAST’s rare combination of growth and profitability, driven by its central role in powering AI infrastructure at global scale

Remote-First Company | Dubai, UAE – April 23, 2026 – VAST Data, the AI Operating System company, today announced the closing of its Series F financing at a $30 billion valuation, representing more than a threefold increase from its $9.1 billion Series E valuation in late 2023. The latest round was led by Drive Capital, with Access Industries acting as co-lead, and included participation from existing investors including Fidelity Management & Research Company, NEA, and NVIDIA, alongside new investors. This financing reflects the accelerating demand for a new data infrastructure stack needed for the development and deployment of artificial generally intelligent systems.

Renen Hallak, Founder and CEO of VAST Data

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VAST Data and Genesis Cloud Partner to Deliver AI-Optimized Cloud Infrastructure for Organizations Worldwide

VAST Data and Genesis Cloud Partner to Deliver AI-Optimized Cloud Infrastructure for Organizations Worldwide

Genesis Cloud selects the VAST Data Platform to power affordable and easy to use high performance cloud computing services

Dubai, United Arab Emirates – January 29, 2024VAST Data, the AI data platform company, today announced a strategic partnership with Genesis Cloud, a leading Infrastructure-as-a-Service (IaaS) provider for GPUs and accelerators in the cloud. Together, VAST and Genesis Cloud are poised to make AI and accelerated cloud computing more efficient, scalable and accessible to organizations across the globe.

Genesis Cloud helps businesses optimize their AI training and inference pipeline by offering performance and capacity for AI projects at scale while providing enterprise-grade features. The company is using the VAST Data Platform to build the most comprehensive set of AI data services in the industry. With VAST, Genesis Cloud is leading a new generation of AI initiatives and Large Language Model (LLM) development by delivering highly automated infrastructure with exceptional performance and hyperscaler efficiency.

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