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

Published on June 18, 2026
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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Snap spins off AI video team into new company, Dotmo, due to costs

June 18, 2026
The Snapchat maker is spinning off yet another internal unit. Dotmo will be comprised of current Snap staff who are leaving the social media company to focus on AI video development.

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

June 19, 2026
DeductiveAI, a startup that uses AI to catch and resolve bugs in software, was founded just three years ago.