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Weka raises $140M as the AI boom bolsters data platforms

Startups that promise to fix data problems in AI-powered projects are receiving significant funding. Weka, a platform for building data pipelines, raised $140 million in a Series E round, led by Valor Equity Partners. Weka's core offering is a parallel file system that can speed up AI model training by reducing data transfer time. It competes with data platforms like DataDirect, Pure Storage, NetApp, and Vast Data.

    #ai#startup#venture-capital#data-management
May 15, 2024•3m read time•From techcrunch.com
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