AI inference startup Baseten raises $300m, valued at $5b
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AI inference startup Baseten raises $300m, valued at $5b. AI startup Baseten Labs Inc. has raised US$300 million in a funding round that valued the company at US$5 billion, according to sources familiar with the matter. The funding more than doubled Baseten's valuation from less than six months ago, when it raised US$150 million at a US$2.1 billion valuation. The company specializes in AI inference, which involves running AI models after training. The new round was led by venture capital firms IVP and CapitalG, Alphabet's growth investment arm, with Nvidia investing US$150 million as part of the same round.
