TechCrunch AI inference platform Baseten is on the brink of closing a $1.5 billion financing round that would lift its valuation to $13 billion, the Wall Street Journal reported. The deal follows a $300 million Series E raised five months earlier at a $5 billion valuation, itself just nine months after a $150 million Series D. Investors are splitting the round between $11 billion and $13 billion caps, with Spark Capital, Sands Capital, Altimeter Capital and Wellington Management co‑leading. The funding comes amid a surge of capital into companies that specialize in the inference layer of AI models.
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