Baseten Launches $2 Billion Funding Round, Valuation Up to $30 Billion

Artificial intelligence inference company Baseten has launched a new funding round of $2 billion, with a valuation of up to $30 billion. Existing investor Sands Capital is expected to lead this round of financing. Founded in 2019, Baseten primarily provides AI model deployment and inference platforms for enterprises. In June of this year, Baseten completed a $1.5 billion funding round, with a valuation of $13 billion. Its competitor, Fireworks AI, completed a $1.5 billion funding round in July with a valuation of $17.5 billion. NVIDIA invested $150 million in Baseten in January this year to strengthen its presence in the AI inference field.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.