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Upscale AI in talks to raise at $2B valuation, says report

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CitrixNews Staff
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Upscale AI in talks to raise at $2B valuation, says report

AI infrastructure company Upscale AI is reportedly in talks to nab its third funding round since launching just seven months ago, according to Bloomberg.

This latest round — which aims to raise around $180 million to $200 million — would value the company at about $2 billion. The company announced a $200 million Series A in January and a $100 million seed round in September, when it first launched. Investors in the company include Tiger Global Management, Xora Innovation, and Premji Invest.

Originally reported by TechCrunch. Read the full story at the original source.