NVIDIA invested $150 million in the artificial intelligence inference startup Baseten. The investment strengthens NVIDIA’s position in the AI ecosystem.
This funding is part of a larger $300 million round. The round values the San Francisco-based Baseten at approximately $5 billion.
This strategic investment underscores NVIDIA’s focus on the AI inference market. AI inference involves running trained AI models for real-world applications. By backing Baseten, NVIDIA fosters the development and deployment of AI applications optimized for its hardware. This solidifies the company's dominance in the AI chip industry. NVIDIA expands its influence beyond hardware into the broader software and application layers of artificial intelligence.