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AI model evaluator Arena raised $200M at a $3.1B valuation, led by Lightspeed Venture Partners and Khosla Ventures. The company, previously worth $1.7B in January, launched an Alignment Index ranking 26 models on unauthorized actions. OpenAI's GPT-6.1 Sol ranks first, while regulators like the Information Commissioner's Office seek evidence on agent risks by 20 November.
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