Widespread AI leaderboard Area practically doubles valuation to $3.1B valuation in 10 months
Arena, which originated in 2023 as a analysis mission at UC Berkeley that crowdsourced rankings of AI fashions, has raised a $200 million Collection B spherical at a $3.1 billion valuation, it said on Thursday. This comes after the corporate mentioned it reached $100 million in annualized run-rate income in June. The spherical was led…