Ed Ludlow

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AI inference startup Base10 Labs has raised $300 million.

The funding round lifts Base10's valuation to $5 billion, more than doubling what it was just six months ago.

Base10 CEO Tuhin Srivastava and Conviction founder and partner Sarah Guar, who participated in that round, join us here in San Francisco.

I've been using a number of generative AI tools this morning to try and distill down

what it is that base 10 does.

I'm going to read you one, and you can tell me, and I won't say what engine it was.

Base 10 provides the software and infrastructure that lets companies run AI models reliably at massive scale only once they're built.

It's about being fast, stable, and cost efficient.

Is that what you do, and why did you need to raise $300 million to do it?

Lots of very interesting participants in the round.

And Sarah, it's great to have you back on Bloomberg Tech.

I was really interested to see Conviction in there, right?

The size of the round, the valuation is interesting, but you're all about helping founders build up at Conviction.

Why did you want to do this?

Well, I'd say this is a very secular bet for us.