Market & RegulationInvestment · $800M
Together AI Secures $800M in Series C Funding
Crunchbase Newshigh confidence
Why it matters
- →Together AI's $800M funding round highlights the growing demand for AI infrastructure solutions.
- →The $8.3 billion valuation underscores the company's significant role in the AI ecosystem.
- →This investment positions Together AI as a leader in supporting open source AI model deployment.
Together AI, a San Francisco-based developer of infrastructure for open source AI models, has raised $800 million in Series C funding. The round was led by Aramco Ventures and gives the company a post-money valuation of $8.3 billion. This investment highlights the growing importance of AI infrastructure as businesses increasingly adopt AI technologies. Together AI's platform aims to support companies in efficiently running and scaling their AI operations.
Read originalThe story around this
Earlier coverage that leads up to this article, and what followed. Lines connect each piece to the closest one after it, converging here.
More from Crunchbase News
More in Market & Regulation
© TechCrunch AIMarket & Regulationbusiness
Crusoe cancels $1.25B Boom turbine deal
The collapse of Crusoe’s $1.25 billion order for Boom Supersonic’s stationary turbines exposes the fragility of AI infrastructure financing. While Crusoe raised $3.9 billion, it pivoted away from on-site gas generation, opting instead for grid power and diverse energy mixes. This signals that even well-funded data center operators are prioritizing flexibility over massive, long-term capital commitments to specialized hardware. Boom’s pivot to sell jet engines as power plants was a bold bet on AI energy needs, but losing its anchor customer suggests the market is more cautious than anticipated.
TechCrunch AI
© TechCrunch AI
