AI startup Baseten has secured $1.5 billion in a funding round, valuing the company at $13 billion. The round was led by Sands Capital and Wellington Management, with Blackbird VC participating. In a separate development, Micron Technology and AI developer Anthropic have signed a deal for memory and storage products. Micron also made a strategic investment in Anthropic's latest funding round, as AI firms compete for essential components for data center expansion.
AI startup Baseten has announced a significant funding round, raising $1.5 billion and achieving a valuation of $13 billion. The investment round was spearheaded by Sands Capital and Wellington Management. Australian venture capital firm Blackbird VC also participated, marking its largest-ever investment in the company.
In parallel, Micron Technology has entered into an agreement with AI developer Anthropic. This deal focuses on the supply of memory and storage products from Micron to Anthropic. Furthermore, Micron has made a strategic investment in Anthropic's most recent funding round. These developments occur amidst a broader trend of AI companies actively seeking to secure necessary components for the expansion of their data center infrastructure.
AI startup Baseten has announced a significant funding round, raising $1.5 billion and achieving a valuation of $13 billion. The investment round was spearheaded by Sands Capital and Wellington Management. Australian venture capital firm Blackbird VC also participated, marking its largest-ever investment in the company.