Baseten Soars to $13Bn Valuation with Historic $1.5Bn Series F Funding!

AI infrastructure startup Baseten has successfully raised $1.5bn in a Series F round, achieving a remarkable valuation of up to $13bn. The round was led by Sands Capital and Wellington Management, with Australia's Blackbird VC marking its largest-ever investment. Baseten focuses on providing customizable AI model infrastructure, addressing the growing demand for cost-effective inference solutions as revenue surged 20-fold in a year.