[AINews] New AI Infra decacorns: Fireworks, Baseten (with OpenRouter on the way)
Fireworks and Baseten have both achieved decacorn status, with valuations exceeding $10 billion, according to Latent Space. Fireworks, founded in 2022, provides a platform for fast and cost-effective inference of open-source models, while Baseten offers a serverless inference platform for deploying and scaling AI models. OpenRouter, a model routing service that aggregates multiple AI providers, is also reportedly on track to become a decacorn. This wave of funding highlights the increasing importance of AI infrastructure as the backbone for deploying generative AI applications. For developers, this could lead to more competitive pricing and improved reliability as these companies scale, but also potential consolidation in the market.
AI infrastructure companies are becoming the new power brokers, shaping access and cost of model inference.