AI inference startup Baseten reportedly raising $1.5B months after its last mega-round

June 18, 2026 Dominic-Madori Davis

Startup Baseten is reportedly close to finalizing a $1.5 billion round at a $13 billion as the “inference gold rush" marches on.

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Source: Elastic agrees to buy CRV-backed Deductive AI for up to $85M
Source: Elastic agrees to buy CRV-backed Deductive AI for up to $85M

Deductive AI, a startup that uses AI to catch and resolve bugs in software, was founded just three years ago.

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Snap spins off AI video team into new company, Dotmo, due to costs
Snap spins off AI video team into new company, Dotmo, due to costs

The Snapchat maker is spinning off yet another internal unit. Dotmo will be composed of current Snap staff ...