Announced
Completed
Financials
Tags
Friendly
United States
Single Bidder
Private
Auto Technology
artificial intelligence
Minority
Cross Border
Acquisition
Completed
Synopsis
Commonwealth Bank of Australia, an Australian multinational bank, led a $100m Series E funding round in H2O.ai, an AI cloud platform. Additional investors include Goldman Sachs Asset Management, Crane Venture Partners, Wells Fargo, New York Life and NVIDIA. "H2O.ai will also help us to better predict bills and forecast cash flows for both retail and business customers so they can plan ahead. Customers want to be in control, and through the combination of our award winning app, powered by artificial intelligence, we can deliver products and services in the moment to manage unexpected expenses or irregular incomes," Andrew McMullan, CBA Chief Data & Analytics Officer.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.