AI MODEL EVALUATION PLATFORM

On 9 October, according to the news, local time, 8 October, the AI Model Evaluation Platform, Arena arena, announced the completion of $200 million (current exchange rate approximately RMB 13.43 billion) B round of financing, valued at $3.1 billion (current exchange rate approximately RMB 20.817 billion). Arena was originally a research project at the University of California at Berkeley in 2023, where the AI model was ranked by popular vote. Arena previously disclosed that the annualization of the company in June this year amounted to $100 million