Baseten Seeks $2 Billion in Funding at $26 Billion and $30 Billion Valuations

People familiar with the effort said Baseten is preparing a $2 billion financing in two tranches, valuing the AI inference company at $26 billion and $30 billion, respectively. The higher mark would be more than double the $13 billion valuation Baseten reached in June. Sands Capital, an existing investor, is expected to lead the round, the same people said. Founded in 2019, Baseten provides businesses with a platform to deploy and run AI models. It raised $1.5 billion in June at a $13 billion valuation.

Source: TokenPost