Upscale AI Raises $190M to Expand AI Networking Infrastructure

Upscale AI secured $190 million in Series A-1 funding at a $2 billion valuation to expand AI-native networking. Funds support deployment of open, interoperable infrastructure for hyperscale AI data centers. The platform connects memory, storage, and accelerators to reduce communication bottlenecks in large-scale AI workloads. Premji Invest led the round with participation from NVIDIA, Salesforce Ventures, Temasek, and others.