tech
AI inference startup Baseten reportedly raising $1.5B months after its last mega-round
Startup Baseten is reportedly close to finalizing a $1.5 billion round at a $13 billion as the “inference gold rush" marches on.
TL;DR
- Baseten is close to finalizing a $1.5 billion funding round.
- The company's valuation is reportedly $13 billion.
- This valuation represents a 160% increase in less than six months.
- The funding round is described as split-priced, with some investors at $13 billion and others at $11 billion.
- Baseten operates in the AI inference space, aiming to handle prompts quickly and control costs.
- The company routes requests to the best-for-task models, including open-source alternatives.