Market & RegulationInvestment · $800M
Together AI raises $800M Series C for open-source AI
Together AI Bloghigh confidence
Why it matters
- →Together AI's platform offers a cost-effective alternative to proprietary AI models, reducing inference costs significantly.
- →The $800 million funding will enable the expansion of compute capacity, supporting increased demand for open-source AI solutions.
- →This move positions Together AI as a key player in the shift towards open-source AI, promoting accessibility and innovation.
Together AI has announced an $800 million Series C funding round, with contributions from investors such as NVIDIA, Salesforce Ventures, and Aramco Ventures. The company aims to enhance its open-source AI platform, which provides cost-effective alternatives to proprietary AI models. This funding will also facilitate the expansion of compute capacity to support increased demand. Together AI's platform allows companies to significantly reduce inference costs while maintaining high performance, positioning it as a leader in the open-source AI movement.
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