Weka, which offers a parallel file system and data management tools for AI and HPC, raised a $140M Series E led by Valor Equity at a $1.6B post-money valuation (Kyle Wiggers/TechCrunch) 15-05-2024

Kyle Wiggers / TechCrunch:
Weka, which offers a parallel file system and data management tools for AI and HPC, raised a $140M Series E led by Valor Equity at a $1.6B post-money valuation — While an increasing number of companies are investing in AI, many are struggling to get AI-powered projects into production — much less delivering meaningful ROI.