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The story behind the story

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AI inference startup Baseten is raising $1.5B in a dual-tiered deal, with some investors putting in money at an $11B valuation and others at a $13B valuation

Baseten, part of a growing Silicon Valley ecosystem offering services to enable low-cost AI models, is raising $1.5 billion in a new round

Wall Street Journal Angel Au-Yeung

Discussion

  • @jessefelder.com Jesse Felder on bluesky
    ‘Srivastava recalled one customer who told him of being able to perform a specific task at 30% of the cost required if a closed-source model had been used.’ www.wsj.com/tech/ai/the-...