The report says the high-end AI is in talks to raise its valuation to $2 billion

Artificial Intelligence Infrastructure Company High-end artificial intelligence It has reportedly been in talks for a third funding round since its launch just seven months ago. According to Bloomberg.

This latest round — which aims to raise between $180 million to $200 million — will value the company at about $2 billion. The company announced a $200 million Series A in January and $100 million seed round In September, when it was first launched. Investors in the company include Tiger Global Management, Xora Innovation and Premji Invest.

Notably, Upscale AI has not yet launched a product. However, it is said to be focusing on building custom chips and the infrastructure to enable them to communicate effectively. The company is betting on an integrated solution and open standards as the future of scalable AI infrastructure.

Valuation and raise rumors are part of the rule of the game in this age of AI, where companies grow fast, valuations grow even faster, but the hope of the next big thing trumps all.