Press Release

Baseten Acquires Parsed to Enable Companies to Own Their Intelligence

The acquisition adds world-class reinforcement learning and post-training expertise to deliver superior inference quality and performance for Baseten customers via specialized intelligence

SAN FRANCISCO–(BUSINESS WIRE)–Baseten, the company powering inference for the worldโ€™s fastest-growing AI products, today announced that it has acquired Parsed, a reinforcement learning startup specializing in post-training and continual learning for large models. The Parsed team, a group of preeminent researchers and engineers with deep expertise in reinforcement learning, has already been working closely with Baseten customers as a partner. With this acquisition, the Parsed team and technology will become part of Baseten to unify inference, data, evaluation, and post-training in a single platform.


โ€œInference is the stickiest and most important part of the AI stack,โ€ said Tuhin Srivastava, co-founder and CEO of Baseten. โ€œWhat makes inference truly valuable over time is continual learning: using real production data and evaluations to train better, faster, cheaper models. Parsed is world-class at reinforcement learning and post-training, and bringing them in-house lets us cover the entire AI lifecycle.โ€

From medical scribing to AI-powered go-to-market tools, companies are increasingly moving from general-purpose models toward specialized models optimized for a single, high-value task. By uniting applied AI research, flexible infrastructure, and seamless developer tooling, Baseten enables companies operating at the frontier of AI to scale custom and open-source models to millions of users in production. Parsed complements this foundation with a vertically integrated approach to post-training, working with customers to design the right learning signals from real-world usage, defining what should be rewarded, what should be penalized, and how that feedback shapes gradient updates.

โ€œWe believe that the world doesnโ€™t need ever-bigger general-purpose models, it needs models that deeply understand a specific job and keep getting better at it,โ€ said Mudith Jayasekara, Cofounder and CEO of Parsed. โ€œBaseten is the best place in the world to run those models in production, and weโ€™re excited at what’s possible when we bring inference and training together.โ€

The Parsed team offers a rare combination of deep reinforcement learning research expertise and a strong, practical focus on solving customer problems. The three cofounders started the company after meeting at Oxford whilst pursuing their PhDs: Chief Scientist Charles Oโ€™Neill, and Rhodes Scholars Mudith Jayasekara and Max Kirkby. The team brings a wealth of prior ML research experience with ML Alignment & Theory Scholars, Cambridge, Stanford, NASA, and Johns Hopkins.

โ€œUltimately, customers donโ€™t buy โ€˜trainingโ€™ or โ€˜inferenceโ€™ in isolation; they buy AI that does real work,โ€ added Srivastava. โ€œBy combining Parsedโ€™s training systems with Basetenโ€™s inference platform, weโ€™re building the definitive place to run specialized, high-performance models that keep getting better the more you use them.โ€

The news follows a series of notable developments for Baseten. It recently announced the close of a $150 million Series D fundraise, which valued the company at $2.15 billion and brought its total capital raised to over $285 million.

About Baseten

Baseten is the leader in inference for high-scale AI products, providing one of the industryโ€™s most advanced inference stacks. Purpose-built for performance, reliability, and cost-efficiency, Baseten enables teams to build and scale the next generation of AI products. Through applied research, production-grade infrastructure, and a seamless developer experience, customers can infinitely scale open-source, custom, and fine-tuned models in production. Backed by BOND, CapitalG, IVP, Spark, Greylock, Conviction, and others, Baseten is trusted by the fastest-growing AI companies to power their most ambitious products. Learn more at www.baseten.co.

Contacts

Media contact:

Mike Bilodeau

Head of Marketing, Baseten

[email protected]

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