Key facts
- Upscale AI announced a $190 million funding extension.
- The company is now valued at $2 billion.
- The funding round was led by Premji Invest.
- Nvidia participated as a new investor.
- Salesforce Ventures participated as a new investor.
- Upscale AI develops AI networking infrastructure.
Upscale AI, an artificial intelligence networking infrastructure company, has announced the successful extension of its early-stage funding round, raising an additional $190 million. This latest infusion of capital values the company at $2 billion. The funding round was spearheaded by Premji Invest, a prominent investment firm. Several new investors also participated in this extension, notably including technology giants Nvidia and Salesforce Ventures. The capital raised is intended to further develop and deploy Upscale AI's solutions in the rapidly growing field of AI networking infrastructure. The company's focus on creating efficient and scalable networks for AI workloads positions it as a key player in the evolving AI ecosystem.