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Baseten Nears $1.5 Billion Funding Round
PYMNTS·
Baseten is reportedly close to finalizing a substantial $1.5 billion funding round, driven by surging demand for its inference software. This technology empowers customers to efficiently run, optimize, and train open-source artificial intelligence models. The fundraising effort is structured with a dual-tiered approach, attracting investment at both an $11 billion valuation and potentially other levels, underscoring strong market confidence in Baseten's AI infrastructure solutions.
Tags
ai
funding
software
Original Source
PYMNTS — pymnts.com