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[State of Evals] LMArena's $1.7B Vision — Anastasios Angelopoulos, LMArena
Dec 31, 2025 · 24:02
Anastasios Angelopoulos, founder of LMArena (now Arena), discusses the platform's $100M raise at a $1.7B valuation, its spin-out from Berkeley incubation by a16z's Anjney Midha, and its mission to be the industry's north star for real-world AI evaluation. He defends against the 'leaderboard illusion' paper, citing factual errors and reaffirming that models cannot pay to be on or off the public leaderboard. Arena funds inference costs for millions of monthly users, with 25% of its 5M+ users in software, and is expanding into occupational verticals (medicine, legal, creative) and multimodal video arenas. Key challenges include consumer retention, which improved with sign-in and persistent history, and moving off Gradio to React for better development. Angelopoulos calls for top talent in ML, product, and go-to-market to join the high-performance team.

In the Arena: How LMSys changed LLM Benchmarking Forever
Nov 1, 2024 · 41:02
Anastasios and Weilin from LM-Sys explain how ChatBot Arena became the de facto standard for LLM benchmarking by replacing static benchmarks with dynamic human preference evaluations. They trace the origin from Vicuna fine-tuning to the viral launch in April 2023, where anonymous side-by-side battles let the community decide which model is better. To address biases like length preference, they developed Style Control, a logistic regression method that adjusts for confounders such as response length and markdown formatting. They address the controversy around labs testing multiple private models, arguing that selection bias is empirically small and the live benchmark self-corrects over time. They also discuss RouteLLM for cost-performance routing, the graduation of ChatBot Arena from LMSys to support new projects, and call for community help with red teaming, vision modalities, and implementing a REPL for coding evaluations.
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