"Baseten builds infrastructure for running AI models in production environments. The company focuses specifically on inference, the moment when a trained model is actually used to generate predictions or answers. As more and more organizations roll out AI applications, there is a growing need for reliable and scalable infrastructure to run those models with low latency and high availability. Baseten's platform removes much of the complexity normally associated with operationalizing machine learning models."
"US AI startup Baseten has raised $300 million in growth capital at a valuation of $5 billion. The investment round was led by Institutional Venture Partners and CapitalG, Alphabet's growth fund that focuses on late-stage investments. Chip manufacturer Nvidia also joined in and is said to have contributed approximately $150 million. This was reported by SiliconANGLE based on coverage by The Wall Street Journal."
Baseten raised $300 million in growth capital at a $5 billion valuation, with Institutional Venture Partners and CapitalG leading the round and Nvidia contributing roughly $150 million. Baseten builds infrastructure for running AI models in production, concentrating on inference when trained models generate predictions or answers. The platform reduces operational complexity by automatically managing resources and optimizing execution across GPUs in different cloud environments. The system also provides management and monitoring capabilities for performance tracking, version control, and updates. The offering targets organizations that want to integrate AI into core processes without building their own infrastructure teams.
Read at Techzine Global
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