Tiger Global-Backed Upscale AI in Talks for $2 Billion Valuation

Artificial intelligence startup Upscale AI is in talks to raise a new round of funding at a valuation of about $2 billion, according to people with knowledge of the efforts.

The company, which is building infrastructure to connect AI computing clusters, has had discussions to bring in $180 million to $200 million in the deal, said the people, who asked not to be identified discussing private information.