Thursday, August 22, 2019

H2O.ai raised again

H2O.ai, pioneer in open-source machine learning for the enterprise, continues its growth with now a new VC round of $72.5M for it series D. The total reaches now $147M illustrating the role and positon of the company led by the charismatic Sri Ambati.

The mission to democratize AI for H2O.ai continues with Driverless AI with now a tripled installed base. With this new round, the company will expand geo presence, sales and marketing of course, and innovation to maintain its leadership.

At the same time, a new iteration of Driverless AI is announced with the ground-breaking recipe creation as the company promotes, model administration and collaboration, and 100 open-source recipes that can be customized and extended to be included to customers specific needs. Finally H2Oa.i provides AI to do and accelerate AI.

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