Baseten, a California-based artificial intelligence startup co-founded by Australians, said it raised $1.5 billion in a funding round that valued the company at $13 billion, underscoring the surge of capital flowing into AI firms.
The round was led by U.S.-based investors Sands Capital and Wellington Management, Baseten said late on Monday. Top Australian venture capital firm Blackbird VC said it contributed the firm's biggest-ever investment, without specifying an amount.
