Topic: ai industry impact
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LM Arena Secures $100M for AI Leaderboards
LM Arena raised $100 million in seed funding at a $600 million valuation, led by Andreessen Horowitz and UC Investments, with participation from top venture firms. The platform, launched by UC Berkeley researchers in 2023, provides transparent AI model comparisons and is widely used by major AI l...
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OpenAI Seeks $40B in New Funding From Investors
OpenAI is seeking an additional $40 billion in funding, potentially one of the largest private tech fundraisings, with SoftBank contributing 75% of the initial $10 billion tranche. The company has raised nearly $64 billion since 2015, with key partnerships like Microsoft and SoftBank, though rece...
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