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News  ›  GlobeNewswire Inc.

VAST Data Secures Commercial Partnership Deal with CoreWeave for $1.17 Billion to Power the Next Generation of AI

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Renen Hallak And Brian Venturo
VAST Data Secures Commercial Partnership Deal with CoreWeave for $1.17 Billion to Power the Next Generation of AI

VAST Data signed a $1.17 billion commercial agreement with CoreWeave to establish VAST as the primary data foundation for CoreWeave's AI cloud infrastructure, enabling advanced AI computing capabilities and scalable data services.

Insights
META   positive

22% revenue growth, developed proprietary AI platform, improved advertising performance with 11% more impressions and 9% higher ad prices


CRWV   positive

Strengthened their AI cloud capabilities through a significant partnership that enhances their infrastructure performance and scalability