Arena (formerly LMSYS/LMArena), the UC Berkeley-born operator of AI leaderboards, has reached $100 million in annualized run-rate revenue (ARR) just eight months after rolling out its first commercial product, "AI Evaluations," in September 2025. According to TechCrunch, which reported the company's growth, ARR rose more than threefold from roughly $30 million in December 2025 to $100 million by June 2026.
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