[AINews] New AI Infra decacorns: Fireworks, Baseten (with OpenRouter on the way)
Fireworks and Baseten reach decacorn status as AI inference infrastructure sees explosive growth
“if you are gonna do multimodel inference, you are gonna need a router”
Fireworks AI is in talks for a $15B round (3.75x in 7 months) and Baseten is raising at $11B (2.2x in 3 months), signaling rapid valuation acceleration in AI inference infrastructure. OpenRouter's $113M Series C with 5x volume growth in 6 months underscores the emerging need for multi-model routing layers. The broader trend shows AI infra companies graduating from unicorn to decacorn status at an unprecedented pace, making inference infrastructure a critical investment category.