Venture

Upscale AI Raises $200 Million with Participation from Saudi Arabia’s Prosperity7 Ventures

  • Upscale AI, Inc. raised $200 million in a Series A funding round led by Tiger Global and Premji Invest, with participation from Prosperity7 Ventures.
  • The company relies on its SkyHammer chip to unify GPUs, accelerators, memory, storage, and networking into a single synchronized platform.
  • Upscale AI plans to use the funding to expand its teams and accelerate the deployment of its platform among infrastructure providers and operators seeking open solutions.

Upscale AI, Inc., a company specializing in AI networking architecture, announced it has raised $200 million in a Series A funding round led by Tiger Global, Premji Invest, and Xora Innovation, with participation from strategic investors including Saudi Arabia’s Prosperity7 Ventures. This brings the company’s total funding to over $300 million.

Upscale AI focuses on unifying GPUs, accelerators, memory, storage, and networking into a single synchronized platform, relying on its SkyHammer chip to minimize distances between components and deliver consistent, high-performance operation for large-scale AI models.

The company plans to use the new funding to expand its engineering, sales, and operations teams, and to accelerate deployment among major infrastructure providers and operators seeking open alternatives to proprietary systems. Upscale AI also emphasizes transparency and open standards, supporting open-source projects such as the SONiC Foundation and the Open Compute Project to offer a fully integrated, multi-vendor environment.

Upscale AI competes with market giants like NVIDIA, Broadcom, and Celestial AI, but differentiates itself through its ability to provide fully synchronized, rack-level performance, enabling the training and operation of AI models with trillions of parameters without being limited to a single vendor.

Rifqa Imad

Upscale AI Raises $200 Million with Participation from Saudi Arabia’s Prosperity7 Ventures

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