Exclusive: Alphabet's CapitalG, Nvidia in talks to fund Vast Data at up to $30 billion valuation, sources say
1. Alphabet's CapitalG and Nvidia may invest in Vast Data, valuing it at $30B.
FAQ
Why Bullish?
This potential investment aligns Alphabet with AI growth areas, mirroring past successful investments in similar sectors, like their acquisition of DeepMind, which significantly enhanced their AI capabilities.
How important is it?
The venture shows Alphabet’s commitment to remaining at the forefront of AI innovation, signaling to investors that the company is still pursuing avenues for growth in a competitive landscape.
Why Long Term?
Investments in AI infrastructure can lead to long-term strategic advantages, similar to how acquisitions have previously bolstered Alphabet's position in the tech market.