VAST Data Inc., backed by Nvidia, has successfully raised $1 billion in funding, resulting in a tripling of its valuation to $30 billion. Founder Renen Hallak announced the milestone during the ai-Pulse conference held in Paris, France, on November 7, 2024. The conference brought together key figures in the fields of artificial intelligence and communication technologies, highlighting the growing interest and investment in AI-driven data solutions.
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VAST Data Secures $1 Billion in Funding, Triples Valuation to $30 Billion
Bloomberg Technology· Dina Bass· Thursday, April 23, 2026
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OpenAI Negotiates $1.5 Billion Investment in Private-Equity AI Initiative
OpenAI is engaged in discussions to invest up to $1.5 billion in a joint venture aimed at deploying artificial intelligence solutions within businesses owned by private equity firms. This initiative seeks to enhance the implementation of AI technologies across various sectors, leveraging OpenAI's expertise in the field to support the growth of portfolio companies.