AI evaluation startup LMArena raises $150M at $1.7B valuation

LMArena, a startup that helps artificial intelligence developers benchmark their models’ output quality, has raised $150 million in early-stage funding. The company announced the Series A investment today. The round was led by Felicis and UC Investments, the University of California system’s asset management arm. LMArena was founded in 2023 by two UC Berkeley researchers. […]
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