Together AI Secures $305 Million in Series B Funding to Expand AI Acceleration Cloud
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Together AI Secures USD 305 Million to Expand AI Acceleration Cloud
Recently acquired CodeSandbox to integrate built-in code interpretation -- an industry first. San Francisco-based AI Acceleration Cloud provider Together AI has raised USD 305 million in a Series B funding round led by General Catalyst and co-led by Prosperity7, pushing its valuation to USD 3.3
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Together AI raises $305M for its AI-optimized public cloud - SiliconANGLE
Cloud infrastructure startup Together AI Inc. has raised $305 million in new funding at a $3.3 billion valuation. Announced today, the Series B was co-led by General Catalyst and Prosperity7. It also included the participation of more than a dozen other investors. The consortium included Nvidia
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Together AI Raises $305M in Series B Funding to Enhance its AI Acceleration Cloud
The investment includes participation from notable investors such as Salesforce Ventures, NVIDIA, and Kleiner Perkins. California-based Together AI has announced a successful $305 million Series B funding round, led by General Catalyst and co-led by Prosperity7. The investment includes
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Together AI Raises $305 Million to Expand AI Cloud Service | PYMNTS.com
Together AI raised $305 million in a Series B funding round to expand its AI Acceleration Cloud that helps developers and enterprises train, fine-tune and run inference for generative artificial intelligence (AI) models. The round valued the company at $3.3 billion, Together AI said in a Thursday
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Together AI's Valuation Jumps To $3.3B After New Round
Together AI, a developer of a cloud platform to allow developers to build on open and custom artificial intelligence models, raised a $305 million funding round led by General Catalyst and Saudi Arabia's Prosperity7 Ventures. The new valuation is a more than 160% jump from The $1.25 billion it was
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Together AI notches $3.3 billion valuation after latest fundraising
Feb 20 (Reuters) - Together AI said on Thursday it hit a valuation of $3.3 billion after a $305 million funding round. The funding round was led by General Catalyst. A string of other investors including Salesforce Ventures, chip giant Nvidia (NVDA.O), opens new tab and Coatue also participated in
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Together AI's $305M bet: Reasoning models like DeepSeek-R1 are increasing, not decreasing, GPU demand
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More When DeepSeek-R1 first emerged, the prevailing fear that shook the industry was that advanced reasoning could be achieved with less infrastructure. As it turns out,
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Startup Together AI Valued at $3.3 Billion as AI Demand Grows
Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the company to $3.3 billion -- a signal that corporate demand for AI is still strong. Saudi Arabia's Prosperity7
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Together AI, a San Francisco-based AI Acceleration Cloud provider, has raised $305 million in Series B funding, valuing the company at $3.3 billion. The investment will be used to expand its AI infrastructure and enhance its position in the open-source AI model market.
Together AI Secures Massive Funding to Expand AI Infrastructure
Together AI, a San Francisco-based AI Acceleration Cloud provider, has successfully raised $305 million in a Series B funding round, catapulting its valuation to $3.3 billion
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. The funding round was led by General Catalyst and co-led by Prosperity7, with participation from a diverse group of investors including Salesforce Ventures, NVIDIA, and Kleiner Perkins1
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.Expanding AI Acceleration Cloud Capabilities
The primary goal of this substantial investment is to expand Together AI's AI Acceleration Cloud, with a focus on large-scale deployments of NVIDIA Blackwell GPUs
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. The company plans to secure 200 MW of power capacity and deploy optimized NVIDIA Blackwell GPU clusters across North America1
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. This expansion aims to solidify Together AI's position as a leading end-to-end platform for building with open-source models.Innovative AI Infrastructure and Technology
Together AI's platform boasts several cutting-edge features:
- Support for over 200 open-source models across various modalities, including chat, image, audio, vision, code, and embeddings
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. - A proprietary Inference Engine that delivers 2-3x faster inference than current hyperscaler solutions
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. - Implementation of advanced algorithms like FlashAttention-3 and speculative decoding to optimize performance
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. - A Training Stack that utilizes FlashAttention-3 to accelerate processing and includes an open-source dataset with over 30 trillion tokens
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Growing User Base and Strategic Partnerships
Together AI has experienced significant growth, now serving over 450,000 AI developers and global enterprises
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. The platform has attracted notable clients such as Salesforce, Zoom, SK Telecom, and The Washington Post1
. In 2024, the company expanded its partnerships, collaborating with Dell, Hypertec, NVIDIA, and Meta1
.Financial Performance and Market Position
The company recently surpassed $100 million in annualized recurring revenue, a substantial increase from the $30 million reported in February of the previous year
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. This growth reflects the increasing demand for AI infrastructure and services in the rapidly evolving AI market.Related Stories
Future Developments and Acquisitions
Together AI recently acquired CodeSandbox and plans to integrate its capabilities directly into its platform for built-in code interpretation, marking an industry first
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. The company continues to drive innovation through its research lab, with open-source contributions like Mixture of Agents, Medusa, Sequoia, Hyena, and Mamba1
.Industry Perspective and Competition
The AI infrastructure market is becoming increasingly competitive, with other startups like Simplismart in Bengaluru also developing high-performance AI deployment tools
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. However, Together AI's significant funding and technological advancements position it strongly in the market for open-source AI accessibility and enterprise-grade solutions.As AI continues to transform industries and create new efficiencies, Together AI's mission to make open-source AI accessible globally aligns with the growing demand for powerful, cost-effective AI systems
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. The company's focus on combining state-of-the-art open-source models with high-performance infrastructure and frontier research in AI efficiency and scalability sets it apart in the rapidly evolving AI landscape1
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