wonderful to see everything about AI is accelerating,
Bloomberg just reported Baseten is set to raise about $2B at valuations up to $30B, more than doubling its June valuation.
Inferencing demand has moved fast, with Baseten’s annualized revenue reportedly tripling from $200M to $600M in the first quarter of 2026.
A $30B price, about 50 times that reported run rate, assumes inference spending keeps outgrowing training as agents burn more compute per task.
Its closest rival, Fireworks AI, raised $1.5B at a $17.5B valuation in July.