In Brief

Posted:

2:20 PM PDT · June 18, 2026

Image Credits:Nuthawut Somsuk / Getty Images

AI inference company Baseten is close to finalizing a stunning $1.5 billion funding round at a $13 billion valuation, the WSJ reports. Just five months ago, the startup announced that it had raised a $300 million Series E at a $5 billion valuation. And that round was just nine months after raising a $150 million Series D.