Together AI Raises $305M, Hits $3.3B Valuation
Together AI Raises $305M, Hits $3.3B Valuation

Together AI Raises $305M, Hits $3.3B Valuation

News summary

Together AI has successfully raised $305 million in a Series B funding round led by General Catalyst and Prosperity7, elevating its valuation to $3.3 billion. The funding round included notable investors such as Salesforce Ventures, NVIDIA, and Kleiner Perkins, underscoring strong confidence in the firm's AI Cloud platform. The capital will be used to expand Together AI's infrastructure, featuring large deployments of NVIDIA Blackwell GPUs, to serve over 450,000 developers and enterprises globally. Together AI aims to enhance AI accessibility through open-source models, providing faster and more efficient AI solutions with proprietary technologies like FlashAttention-3 and speculative decoding. With the new investment, the company focuses on scaling its AI Acceleration Cloud and reinforcing its position as a leader in AI infrastructure.

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