Nvidia invests $150 million in artificial intelligence inference company Baseten

Baseten, a startup focused on artificial intelligence reasoning, has raised $300 million in funding, with a valuation of $5 billion, doubling its previous valuation. This round of financing is led by venture capital firm IVP and Alphabet's independent growth fund CapitalG, with Nvidia as one of the investors injecting $150 million into Baseten.