Hitachi Ventures, a venture capital company, led a $73m funding round in WekaIO, a software company, with participation from Hewlett Packard Enterprise, NVIDIA, Micron, MoreTech Ventures and Ibex Investors. "The Global 1000s are now aggressively integrating Artificial Intelligence and Machine Learning practices and technology into their core business processes, creating new products and services that were impossible to even imagine previously. GPUs and accelerated computing technologies are rapidly replacing traditional CPU compute at 100-1000 times performance, shifting the AI bottleneck from CPU access to data access, and creating a huge market opportunity for WEKA’s modern Data Platform for AI. At WEKA we have built the best data platform technology for Cloud and AI, alongside the most innovative go-to-market motion selling through the public cloud providers and the large server vendors, being a true software company. Our latest round will enable WEKA to deliver better and faster outcomes to more customers and improved integration with our ecosystem," Liran Zvibel, WekaIO CEO.