Gate News message, April 17 — Upscale AI, an AI infrastructure startup, is in talks to raise between $180 million and $200 million at a $2 billion valuation, according to TechCrunch. The company previously announced a $100 million seed round in September 2025 and a $200 million Series A in January 2026.
Investors include Tiger Global Management, Xora Innovation, and Premji Invest. Upscale AI has not yet released a product but is focused on building custom chips and the networking infrastructure required for those systems to communicate.
The company is developing AI-native networking based on open standards such as SONiC (an open-source network operating system). CEO Barun Kar previously co-founded Auradine, a startup specializing in internet infrastructure hardware, and served as COO, bringing experience in chip design and systems execution.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Kunlun Tech Subsidiary Aijie Keixin Raises $55M at $405.4M Valuation
Kunlun Tech's subsidiary, Beijing Aijie Keixin Technology, raised 550 million yuan ($55 million) in funding, valuing the company at about 4.054 billion yuan. The funding will bolster capital reserves and support AI chip development and a potential independent listing.
GateNews22m ago
Singapore Proposes New Global Standard for Testing Generative AI Systems
Singapore's IMDA and Enterprise Singapore propose a new international standard for testing generative AI, to be presented at an ISO meeting. This builds on existing AI testing initiatives and aims to define compliance requirements for global regulations, enhancing AI assurance services.
GateNews42m ago
Morgan Stanley Projects Agentic AI Could Add $32.5B-$60B to CPU Market by 2030
Morgan Stanley predicts a 2030 surge in CPU demand from autonomous AI systems, potentially adding up to $60 billion to the CPU market. This shift will impact data center investments and memory requirements, benefiting major chipmakers.
GateNews1h ago
AI Agents Will Reshape Trading Model, Onchain OS Builds Infrastructure Foundation
At the 2026 Hong Kong Web3 Carnival, Lennix discussed the impact of AI Agents on trading and the need for a comprehensive onchain operating system. He emphasized the importance of integrating security and efficiency to facilitate autonomous decision-making and promote collaborative market interactions.
GateNews2h ago
Recursive Superintelligence Raises $500M in Funding Round Led by NVIDIA
According to a report by the UK’s Financial Times, British AI startup Recursive Superintelligence, founded only about four months ago, has completed at least $500 million in funding, with a pre-money valuation of $4 billion. This round was led by GV (formerly Google Ventures), with participation from Nvidia as a co-investor.
MarketWhisper4h ago
