CNBC February 19, 2025
Key Points
– Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75 million in funding, the company said Wednesday.
– The startup, worth $825 million in a new funding round, saw revenue grow sixfold in the most recent fiscal year.
– Baseten relies on multiple clouds to help companies run AI models.
Baseten, a startup that runs artificial intelligence models for clients on their cloud infrastructure, has raised $75 million in funding, the company said Wednesday.
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...
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