A
ArenaArena (formerly LMArena, born as Chatbot Arena at UC Berkeley) operates the crowdsourced leaderboard and evaluation platform used industry-wide to benchmark and rank AI models.
3 Pulse stories
E
EtchedEtched designs Sohu, a transformer-only ASIC chip built to accelerate AI inference workloads more efficiently than general-purpose GPUs like Nvidia's.
6 Pulse stories
Total Raised
$250M
$800M
ArenaEtched
Last Valuation
$1.7B
$10.3B
ArenaEtched
AI infra
Sector
AI infra
2025
Founded
2022
San Francisco, CA
HQ
San Jose, California
Private
Status
Private
Arena investors
FelicisUC InvestmentsAndreessen HorowitzKleiner PerkinsLightspeed Venture PartnersThe House FundLaude Ventures
Etched investors
Sequoia CapitalAndreessen HorowitzJane StreetSK HynixStripesPeter Thiel/Thiel CapitalPrimary Venture PartnersPositive Sum Ventures
Data from Value Add Pulse coverage and company research — see the full threads for Arena and Etched.