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AI Inference platform Baseten seeks financing 2000000000 USD, with valuation potentially reaching as high as 30000000000 USD BlockBeats reports that October 31, according to Bloomberg, AI startup Baseten is seeking a new funding round and plans to raise approximately 2000000000 USD, with its valuation expected to rise from June this year 13000000000 USD to as high as 30000000000 USD, an increase of more than double.

The funding round is expected to be divided into stages, with the first-stage valuation at 26000000000 USD and the second-stage valuation at 30000000000 USD. Existing investor Sands Capital is expected to lead the round. Baseten last completed June financing this year 1500000000 USD, when it was valued at 13000000000 USD.

Founded in 2019, Baseten primarily provides enterprises with an AI model inference platform, helping clients deploy and run various AI models. As AI applications become widespread, market demand for inference computing power continues to grow, and investors are increasing investment in related infrastructure companies. Its competitor Fireworks AI this year July completed 17500000000 USD financing at a valuation of 1500000000 USD.

Original link https://m.theblockbeats.info/flash/374775