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Vast Data, a firm dedicated to offering large-scale data management software infrastructure tailored for AI applications, has recently declared the successful closure of its Series F funding round, raising a remarkable $1 billion and catapulting the company's valuation to an impressive $30 billion. This funding round was jointly spearheaded by Drive Capital and Access Industries, with notable participation from esteemed entities including NVIDIA. Statistics reveal that the total global financing for AI companies this year has hit a staggering $280.5 billion. NVIDIA has not only been involved in substantial funding rounds for numerous AI companies but has also been proactively investing in sectors such as emerging cloud service providers and autonomous driving firms.
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