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Latent Space: The AI Engineer Podcast
Latent Space: The AI Engineer Podcast

[State of Evals] LMArena's $1.7B Vision — Anastasios Angelopoulos, LMArena

Jan 6, 2026 · 24m
AI Summary
  • LMArena raised $150M Series A at $1.7B valuation with $30M annualized consumption revenue ($2.5M MRR) after September 2025 evals product launch expansion
  • Origin as Berkeley basement project incubated by Anjney Midha at a16z who formed entity and granted funds before committing to company, became de facto leaderboard for frontier AI
  • Platform trusted by millions of users and every major lab answering which model performs best for real-world use cases; decided to spin out rather than remain academic project

Guests on This Episode

AA
Anastasios Angelopoulos
1 podcast appearance

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