AI reasoning company Baseten launches $2 billion financing, with a valuation of up to $30 billion

Oct 31, 2026 11:08:49

Artificial intelligence inference company Baseten announced the launch of a new round of financing of $2 billion, with a valuation of up to $30 billion. Existing investor Sands Capital is expected to lead this round of financing.

Baseten was founded in 2019 and mainly provides AI model deployment and inference platforms for enterprises, helping them run various AI models. In June of this year, Baseten completed a $1.5 billion financing round, with a valuation of $13 billion. Its competitor Fireworks AI completed a $1.5 billion financing round in July this year with a valuation of $17.5 billion. It is reported that NVIDIA invested $150 million in Baseten in January this year, increasing its active layout in the field of artificial intelligence inference.

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