Artificial intelligence infrastructure start-up Baseten could double its valuation in less than four months after securing a major deal with OpenAI, delivering a windfall for investors including Blackbird Ventures and former NBA player Matthew Dellavedova’s Athletic Ventures.

The San Francisco-headquartered business, co-founded by two Australians, on Wednesday (AEST) announced the tie-up with OpenAI to allow its business customers to use open-source models alongside frontier models.

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