Nvidia-backed AI inference company Baseten launches $2 billion funding round at valuation of up to $30 billion

Odaily reports: Artificial intelligence inference company Baseten has announced the launch of a new $2 billion funding round at a valuation of up to $30 billion, with existing investor Sands Capital expected to lead the round. Founded in 2019, Baseten primarily provides enterprises with an AI model deployment and inference platform to help businesses run various AI models. In June of this year, it completed a $1.5 billion funding round at a valuation of $13 billion at the time. Its competitor Fireworks AI completed a $1.5 billion funding round in July of this year at a valuation of $17.5 billion. It is reported that Nvidia invested $150 million in Baseten in January of this year, stepping up its active positioning in the AI inference sector. (Bloomberg)