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Stockreport

Nvidia backs AI company Vast Data at $30 billion valuation [MSNBC.com]

NVIDIA Corporation (NVDA)  More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, withNvidiaFounded in 2016, Vast makes software infrastructure for managing large amounts of data, with a focus on applications. The company says it supports projects powering millions of GPUs. Customers include CoreWeave, Mistral, the U.S. Air Force and Cursor.The fresh round sees Vast more than triple the $9.1 billion valuation it hit when it last raised in 2023.Record funding has already been raised this year by companies globally, with investors writing checks to the tune of $280.5 billion, according to Dealroom. More than $170 billion has been raised byOpenAnthropicxDrive Capital and Access Industries led Vast Data's Series F. Fidelity Management and Research Company and NEA participated, as well as Nvidia. The financing included primary and secondary capital."The scale and speed of adoption are creating a new class of infrastructure company," said Chris Olsen, cofounder and partner at Drive [Read more]
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Stockreport

Nvidia backs AI company Vast Data at $30 billion valuation [MSNBC.com]

NVIDIA Corporation  (NVDA) 
More Company Research Source: MSNBC.com
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Vast Data announced a $1 billion funding round at a $30 billion valuation on Wednesday, withNvidiaFounded in 2016, Vast makes software infrastructure for managing large amounts of data, with a focus on applications. The company says it supports projects powering millions of GPUs. Customers include CoreWeave, Mistral, the U.S. Air Force and Cursor.The fresh round sees Vast more than triple the $9.1 billion valuation it hit when it last raised in 2023.Record funding has already been raised this year by companies globally, with investors writing checks to the tune of $280.5 billion, according to Dealroom. More than $170 billion has been raised byOpenAnthropicxDrive Capital and Access Industries led Vast Data's Series F. Fidelity Management and Research Company and NEA participated, as well as Nvidia. The financing included primary and secondary capital."The scale and speed of adoption are creating a new class of infrastructure company," said Chris Olsen, cofounder and partner at Drive [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS