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Rohan Paul· @rohanpaul_ai · X· 2026-10-31 20:33 · Original publication time AI score46

Baseten reportedly set to raise about $2 billion at a valuation of up to $30 billionMachine translation

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Bloomberg reportedly said Baseten is set to raise about $2 billion at a valuation of up to $30 billion, more than double its June valuation. Its annualized revenue reportedly tripled from $200 million to $600 million in the first quarter of 2026. The funding and revenue figures are reported, not confirmed here.

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Rohan Paul@rohanpaul_ai

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.

20:33 · 2026-10-31 · UTC+8

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