news Cloud Startup Lol 2026-10-12

Crowdsourced AI Leaderboard Arena Raises $200M Series B at $3.1B Valuation

Arena, formerly known as LMArena, has secured a $200 million Series B funding round co-led by Lightspeed and Khosla Ventures, pushing its valuation to $3.1 billion as demand for independent AI benchmarking surges.

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