AI startup Baseten raises $75 million following DeepSeek's emergence
Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75 million in funding, the company said.
The funding round values Baseten at $825 million and demonstrates that venture capitalists believe tech's AI boom stands to benefit a plethora of startups, not just those building large language models. In recent months, OpenAI, Anthropic and xAI have raised billions in funding, with much of the money going toward servers containing Nvidia graphics processing units, or GPUs.
After companies finish training AI models on reams of data, they need to deploy those models somewhere at the inference stage, which is when models generate outputs in response to user queries. That's when Baseten comes in.