AI Inference Provider Baseten in Talks to Raise $1 Billion at $11 Billion Valuation
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AI startup Baseten has recently been in talks with investors to raise $1B at an $11B valuation including the money, according to a person with knowledge of the fundraise. That would than double the company’s $5B valuation from its last round, which was announced just three months ago. The fundraising comes on the back of strong revenue growth for the startup, which rents out Nvidia AI servers to application developers and helps them train, customize and run primarily open-source AI models.