[AI Model Evaluation Platform Arena Secures $200 Million in Funding, Valuation Reaches $3.1 Billion] According to Bloomberg, AI model evaluation platform Arena has completed a new $200 million funding round, bringing its valuation to $3.1 billion—nearly double its $1.7 billion valuation in January of this year. The round was led by Lightspeed Venture Partners and Khosla Ventures, with participation from Salesforce Ventures and Dell Technologies Capital. Arena originated from the Chatbot Arena research project at the University of California, Berkeley, and is renowned for its public large model rankings. As of June this year, its annualized revenue reached $100 million.