AI startup Baseten raises $300 million at $5 billion valuation
Baseten, a company focused on simplifying AI model deployment for enterprise applications, has secured $300 million in funding from investors including Lightspeed and Coatue, pushing its valuation to $5 billion. Founded in 2020, the San Francisco-based firm provides tools that help businesses rapidly turn machine learning models into production-ready APIs without hiring extensive infrastructure teams. Baseten has seen strong demand as companies seek to operationalize AI models beyond experimental stages.
The deal underscores investor confidence in applied AI and the growing demand for enterprise-ready model deployment platforms.
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