AI Leaderboard LMArena Raises $200M, Doubles Valuation to $3.1B in 10 Months

TechCrunch AI · rss · 2026-10-09

The company behind the popular LMArena leaderboard has raised $200 million led by Lightspeed and Khosla, nearly doubling its valuation to $3.1 billion in just 10 months. It is also expanding into measuring alignment issues such as model lying, beyond raw capability rankings.

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