Notably, Upscale AI has yet to release a product. However, it’s said to focus on building custom chips and on the infrastructure to enable them to communicate effectively. The company is betting on a full-stack solution and open standards as being the future of scalable AI infrastructure.

The rumored valuation and raise are part of the startup playbook in this age of AI, where companies grow fast and valuations grow faster, but the hope for the next big thing outpaces it all.

Get an inside look at what it takes to scale and succeed from leaders at Mach Industries, Founders Fund, and Shinkei Systems. Through candid fireside chats and high-impact networking, you’ll walk away with valuable insights and new connections.