Commonwealth Bank of Australia led a $100m Series E funding round in H2O.ai.

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.