{"id":8713,"date":"2026-01-13T19:05:52","date_gmt":"2026-01-13T23:05:52","guid":{"rendered":"https:\/\/hostingdiscussion.com\/news\/?p=8713"},"modified":"2026-01-13T16:52:19","modified_gmt":"2026-01-13T20:52:19","slug":"wasabi-secures-70m-to-scale-ai-ready-cloud-storage","status":"publish","type":"post","link":"https:\/\/hostingdiscussion.com\/news\/wasabi-secures-70m-to-scale-ai-ready-cloud-storage\/","title":{"rendered":"Wasabi secures $70M to scale AI-ready cloud storage"},"content":{"rendered":"<p><a href=\"https:\/\/wasabi.com\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Wasabi<\/a> has secured $70 million in new equity funding, lifting its valuation to $1.8 billion as the cloud storage provider sharpens its push into AI-focused infrastructure. The round, led by L2 Point with backing from Pure Storage and existing investors, follows the launch of an NVMe-based storage tier for <a href=\"https:\/\/hostingdiscussion.com\/news\/ai-workloads-push-cloud-computing-costs-to-10-of-revenue-for-midsize-tech-firms\/\">AI workloads<\/a>. The capital will support product development and international expansion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wasabi has secured $70 million in new equity funding, lifting its valuation to $1.8 billion as the cloud storage provider sharpens its push into AI-focused infrastructure. The round, led by L2 Point with backing from Pure Storage and existing investors, follows the launch of an NVMe-based storage tier for AI workloads. The capital will support [&hellip;]<\/p>\n","protected":false},"author":20624,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[5441,3454,5440,2727,5439],"class_list":["post-8713","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-ai-cloud-storage","tag-cloud-investment","tag-cloud-storage-funding","tag-nvme-storage","tag-wasabi"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wasabi secures $70M to scale AI-ready cloud storage - Web Hosting News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hostingdiscussion.com\/news\/wasabi-secures-70m-to-scale-ai-ready-cloud-storage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Wasabi secures $70M to scale AI-ready cloud storage - Web Hosting News\" \/>\n<meta property=\"og:description\" content=\"Wasabi has secured $70 million in new equity funding, lifting its valuation to $1.8 billion as the cloud storage provider sharpens its push into AI-focused infrastructure. The round, led by L2 Point with backing from Pure Storage and existing investors, follows the launch of an NVMe-based storage tier for AI workloads. 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