Upscale AI Raises $190M at $2B Valuation with Microsoft Backing Open Standard
MSFT•Upscale AI secured $190 million in Series A-1 funding led by Premji Invest at a $2 billion valuation, bringing total funding to $500 million in under 18 months. Over 80 partners—including Microsoft, AMD and Google—have endorsed its open AI networking standard to accelerate large-model training across heterogeneous hardware.
1. Funding Round Details
Upscale AI closed a $190 million Series A-1 round led by Premji Invest, marking a total of $500 million raised in under 18 months. Returning investors and new backers contributed to the $2 billion valuation, underscoring strong market confidence in its AI networking approach.
2. Integrated Networking Technology
The company offers an integrated stack of hardware, systems and software designed to link AI chips, memory and storage, reducing latency in large-model training and inference. Its open standard enables competing chip vendors’ processors to interoperate at full speed.
3. Industry Support and Partnerships
More than 80 firms—including Microsoft, AMD, Intel, Google and Meta—have signed on to support Upscale’s interoperability standard. This broad industry backing aims to streamline adoption and foster collaboration across data center architectures.
4. Use of Proceeds and Growth Plans
New funding will accelerate Upscale’s product development and market rollout of AI networking solutions, while expanding its headcount beyond several hundred employees. The company plans to lock in supply commitments and scale operations to meet growing customer demand.
