UPSCALE AI RAISES $180M-$200M IN THIRD ROUND
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Upscale AI, an artificial intelligence networking infrastructure startup, is in talks to raise $180M to $200M at a $2 billion valuation. The funding round marks the company's third major capital raise in seven months.
■ MORE FROM THE STARTUPS DESK
Stability AI closed a $76 million Series B funding round led by Universal Music Group, Warner Music Group, Electronic Arts, and Sony Music. The round reflects growing industry interest in AI models trained on licensed creative content.
Gamma has acquired Lica, an Accel-backed design startup. The Lica co-founders will join Gamma's newly formed research team.
Mexico-based Primero announced its public launch Tuesday with a $12 million seed round co-led by Kaszek and General Catalyst. The startup uses AI to modernize outdated software systems for Latin American enterprises.
Tel Aviv and NYC-based Alice secured $140 million in funding led by Apax Digital, reaching a valuation close to $1 billion. The startup focuses on protecting AI models from misuse and rogue behavior.