Tiger Global-Backed Upscale AI In Talks for $2 Billion Valuation

Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.

The company, which is building infrastructure to connect AI computing clusters, has had discussions to bring in $180 million to $200 million in the deal, said the people, who asked not to be identified discussing private information.

The funding round would mark Upscale AI’s third funding event in seven months. The Santa Clara, California-based company emerged from stealth in September with more than $100 million in seed financing, before raising a ...