AI Infrastructure Company upscale ai It is reportedly in talks to secure its third funding round since launching just seven months ago. according to bloomberg.
This latest round — which aims to raise about $180 million to $200 million — would value the company at about $2 billion. The company announced a $200 million Series A in January $100 million seed round In September, when it first launched. The company’s investors include Tiger Global Management, Zora Innovation and Premji Invest.
Notably, Upscale AI has not released any products yet. However, it is said that the focus will be on building custom chips and building the infrastructure to enable them to communicate effectively. The company is betting on full-stack solutions and open standards as the future of scalable AI infrastructure.
Rumored valuations and hikes are part of the startup playbook in this age of AI, where companies grow fast, valuations soar, but the anticipation of the next big thing outweighs it all.
