kapynFunding & M&A

Popular AI leaderboard Arena nearly doubles valuation to $3.1B valuation in 10 months

LMArena secures a $3.1 billion valuation after a $200 million funding round. Lightspeed and Khosla Ventures co-lead the investment to expand benchmarking beyond standard capabilities. The platform now evaluates models for critical alignment issues like deception, providing developers with essential safety metrics.

TechCrunch AI·Oct 8, 2026

Opening Kapyn…