TNW | Investors-funding
Baseten set to more than double its value to $30bn, Bloomberg reports
Sands Capital is set to lead, with the round split between $26bn and $30bn prices. Baseten’s valuation stood at $13bn in June, after a $1.5bn round.
Via TNW | Investors-funding
·Excerpt
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Baseten, the AI inference startup, is set to raise about $2bn at a valuation of up to $30bn, more than double its price in June. Rebecca Torrence and Bailey Lipschultz reported the round for Bloomberg on Friday, citing people familiar with the plans.
The round will come in two tranches, according to Bloomberg’s sources. One values Baseten at $26bn and the other at $30bn. Sands Capital, an existing investor, is set to lead. TNW has…
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