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Baseten is raising $1.5bn at up to $13bn, betting AI’s profits lie in cheap inference

Baseten Secures $1.5 Billion Funding Round

Baseten is finalising a $1.5 billion funding round that values the company at up to $13 billion. The structure of this round is almost as notable as its size. It is a dual-tiered investment, with some investors purchasing shares at an $11 billion valuation and others at the higher $13 billion mark, according to the company as reported by the Wall Street Journal.

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The story continues at The Next Web.

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