Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months
The company behind the popular LMArena leaderboard has raised $200 million led by Lightspeed and Khosla, and is now measuring AI models on alignment issues such as lying.
Via TechCrunch
Arena, which originated in 2023 as a research project at UC Berkeley that crowdsourced rankings of AI models, has raised a $200 million Series B round at a $3.1 billion valuation, it said on Thursday.
This comes after the company said it reached $100 million in annualized run-rate revenue in June.
The round was led by Lightspeed Venture Partners and Khosla Ventures, with Salesforce Ventures, 01 Advisors, Dell Technologies Capital, Endeavor Catalyst, a16z, Felicis and others joining in. Arena previously…
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