速递｜AI网络Upscale AI估值突破10亿美元，建构新网络基础，挑战思科、博通

Core Insights - Upscale AI has successfully completed a $200 million funding round, raising its valuation to over $1 billion, positioning itself as a competitor to Cisco Systems and Broadcom in the network equipment sector [1][2]. Group 1: Funding and Valuation - The recent funding round was led by Tiger Global Management, Premji Invest, and Xora Innovation, with participation from several other investors including Intel Capital and Qualcomm Ventures [1]. - Upscale had previously raised $100 million in a seed funding round just four months prior to this latest round [1]. Group 2: Product Development and Market Position - Upscale aims to develop network devices specifically designed to handle the data demands of artificial intelligence, addressing issues like network congestion that affect current cloud computing systems [2]. - The company plans to launch a usable product later this year and is already engaging with potential customers, including data center giants and sovereign AI projects [2][4]. Group 3: Leadership and Experience - The leadership team includes Barun Kar, a former senior vice president at Palo Alto Networks, and Rajiv Khemani, who co-founded Innovium, indicating a strong background in the tech industry [3]. - Upscale was founded in 2022 and has already secured over $300 million in funding from various investors, showcasing significant investor confidence in its potential [3]. Group 4: Growth Plans - The newly raised funds will be used to expand engineering operations, with the current employee count of 150 expected to double by the end of the year [4]. - The company is focused on developing a mature product to gain customer recognition and market share from competitors like Broadcom [6].