Baseten Nears $1.5 Billion Funding Round

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.