News Summary

• Vast Data is in talks with Alphabet's venture arm CapitalG and existing backer Nvidia to raise a fresh round that could value the startup at up to $30 billion.
• The round could close in the next few weeks, per Reuters, which would make New York-based Vast Data one of the most valuable tech companies.
• As the AI boom intensifies and the U.S. government greenlights the scaled build-out of data centers, AI infrastructure startups are becoming a hot new focus for investment.