SAN FRANCISCO, May 21, 2025 /PRNewswire/ — LMArena, the open community platform for evaluating the best AI models, has secured $100 million in seed funding led by a16z and UC Investments (University of California) with participation from Lightspeed, Laude Ventures, Felicis, Kleiner Perkins and The House Fund. The funding coincides with the relaunch of LMArena happening next week—a faster, sharper, fully rebuilt platform designed to make AI evaluation more rigorous, transparent, and human-centered.

In a space moving at breakneck speed, LMArena is building something foundational: a neutral, reproducible, community-driven layer of infrastructure that allows researchers, developers, and users to understand how models actually perform in the real world. Over four hundred model evaluations have already been made on the platform, with over 3 millions votes cast, helping shape both proprietary and open-source models across the industry, including those from Google, OpenAI, Meta, and xAI.

“In a world racing to build ever-bigger models, the hard question is no longer what can AI do. Rather, it’s how well can it do it for specific use cases, and for whom,” said Anastasios N. Angelopoulos, co-founder and CEO at LMArena. “We’re building the infrastructure to answer these critical questions.”

The new LMArena next week reflects months of feedback from the community and includes: a rebuilt UI, mobile-first design, lower latency, and new features like saved chat history and endless chat. The legacy site will remain live for a while, but all future innovation is happening on lmarena.ai.

“AI evaluation has often lagged behind model development,” said Ion Stoica, co-founder at LMArena and UC Berkeley professor. “LMArena closes that gap by putting rigorous, community-driven science at the center. It’s refreshing to be part of a team that leads with long-term integrity in a space moving this fast.”

Backers say what makes LMArena different is not just the product, but the principles behind it. Evaluation is open, the leaderboard mechanics are published, and all models are tested with diverse, real-world prompts. This approach makes it possible to explore in-depth how AI performs across a range of use cases.

“Our mission has always been to make AI evaluation open, scientific, and grounded in how people actually use these models. As we expand into new modalities and deepen our evaluation tools, we’re building infrastructure that doesn’t just evaluate AI, it helps shape it” said Wei-Lin Chiang, co-founder and CTO of LMArena. “We’re here to ensure AI is reliably measured through real-world use.”

LMArena is already working with model providers to help them uncover performance trends, gather human preference data, and test updates in real-world conditions. The company’s long-term business model centers on trust: as they look to develop advanced analytics and enterprise services while keeping core participation free and open to all.

“We invested in LMArena because the future of AI depends on reliability,” said Anjney Midha, General Partner at a16z. “And reliability requires transparent, scientific, community-led evaluation. LMArena is building that backbone.” Jagdeep Singh Bachher, chief investment officer at UC Investments, added, “We’re excited to see open AI research translated into real-world impact through platforms like LMArena. Supporting innovation from university labs such as those at UC Berkeley is essential for building technologies that responsibly serve the public and advance the field.”

The relaunch of LMArena next week is a significant step forward, but it’s far from the finish line. The team is actively shipping new features, refining the platform, and working closely with the community to shape what comes next.

About LMArena: 
LMArena is an open platform where everyone has access to leading AI models and can contribute to their progress through real-world voting and feedback. Built with scientific rigor and transparency at its core, LMArena enables developers, researchers, and users to compare model outputs, uncover performance differences, and advance the reliability of AI systems. With a commitment to open access, reproducible methods, and diverse human judgment, LMArena is shaping the infrastructure layer AI needs to earn long-term trust. Learn more at lmarena.ai.

Press Contact:
Cherry Park
cherry@lmarena.ai

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SOURCE LMArena

LIVINGSTON, N.J., May 21, 2025 /PRNewswire/ — CoreWeave, Inc. (Nasdaq: CRWV) (“CoreWeave”) announced today that it priced a private offering of $2,000 million aggregate principal amount of 9.250% senior notes due 2030 (the “Notes”), which represents a $500 million increase from the previously announced size of the offering. The Notes will have a maturity date of June 1, 2030. The closing of the offering of the Notes is expected to occur on May 27, 2025, subject to customary closing conditions. The Notes will be issued at par and guaranteed on a senior unsecured basis by CoreWeave Cash Management LLC, a wholly-owned subsidiary of CoreWeave.

CoreWeave intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes.

The Notes and related guarantees are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), or to persons other than “U.S. persons” in compliance with Regulation S under the Securities Act. The Notes and related guarantees have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

This press release is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About CoreWeave
CoreWeave, the AI Hyperscaler™, delivers a cloud platform of cutting-edge software powering the next wave of AI. The company’s technology provides enterprises and leading AI labs with cloud solutions for accelerated computing. Since 2017, CoreWeave has operated a growing footprint of data centers across the US and Europe.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including statements regarding the Notes offering and the expected use of proceeds therefrom, which statements are based on current expectations, forecasts, and assumptions and involve risks and uncertainties that could cause actual results to differ materially from expectations discussed in such statements. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including, but not limited to, CoreWeave’s ability to complete the offering on favorable terms, if at all, and general market, political, economic and business conditions which might affect the offering. These factors, as well as others, are discussed in CoreWeave’s filings with the Securities and Exchange Commission, including the sections titled “Special Note Regarding Forward-Looking Statements” and “Risk Factors” in CoreWeave’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2025. All forward-looking statements contained herein are based on information available as of the date hereof and CoreWeave does not assume any obligation to update these statements as a result of new information or future events.

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SOURCE CoreWeave

PITTSBURGH, May 21, 2025 /PRNewswire/ — “I wanted to create a power generating system that would utilize the constant energy from vehicles driving on roadways,” said an inventor, from New Orleans, La., “so I invented the EWAY GENERATOR. My innovative design and advanced features would offer a more efficient solution for power generation compared to traditional and modern generators.”

The invention provides a new way to generate power using the relationship between vehicle tires and the roadway. In doing so, it offers an improved alternative to traditional generators. As a result, it increases efficiency. Additionally, it features an innovative design that would be used to generate clean energy on many roadways.

The EWAY GENERATOR is currently available for licensing or sale to manufacturers or marketers. For more information, visit www.ewaytechnology.net. Or contact Dwayne White Jr. at 504-812-5080 or email info@ewaytechnology.net.

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SOURCE InventHelp