Baseten Launches $200 Million Funding Round at a $30 Billion Valuation

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Baseten is currently raising $200 million in project funding, with a valuation now at $30 billion. Sands Capital, an existing investor, is set to lead the round. The AI inference company, founded in 2019, provides an enterprise-focused platform for deploying AI models. In June, it raised $1.5 billion at a $13 billion valuation. Its rival, Fireworks AI, raised $1.5 billion in July at a $17.5 billion valuation. NVIDIA also invested $150 million in Baseten in January. The latest funding round underscores continued momentum in the AI and crypto sectors.

According to Huoxing Finance, AI inference company Baseten has announced the launch of 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. Founded in 2019, Baseten provides enterprises with an AI model deployment and inference platform to enable the operation of multiple AI models. In June this year, Baseten completed a $1.5 billion funding round at a $13 billion valuation; its competitor Fireworks AI raised $1.5 billion in July at a $17.5 billion valuation. It is reported that NVIDIA invested $150 million in Baseten in January this year, further strengthening its strategic positioning in the AI inference sector.

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