AI inference startup Baseten is raising $1.5B in a dual-tiered deal, with some investors putting in money at an $11B valuation and others at a $13B valuation (Angel Au-Yeung/Wall Street Journal)
Baseten is raising $1.5B at up to a $13B valuation, underscoring investor demand for AI inference infrastructure.
Excerpt
<a href="https://www.wsj.com/tech/ai/the-13-billion-ai-startup-betting-on-cheaper-alternatives-to-openai-anthropic-b9679603"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260618/i18.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260618/p18#a260618p18" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Angel Au-Yeung / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/the-13-billion-ai-startup-betting-on-cheaper-alternatives-to-openai-anthropic-b9679603">AI inference startup Baseten is raising $1.5B in a dual-tiered deal, with some investors putting in money at an $11B valuation and others at a $13B valuation</a></b></span> — Baseten, part of a growing Silicon Valley ecosystem offering services to enable low-cost AI models, is raising $1.5 billion in a new round</p>
Read at source: https://www.techmeme.com/260618/p18#a260618p18