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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