Together AI Achieves $3.3 Billion Valuation Amid Rising AI Demand

Reported 1 day ago

Together AI, a startup providing access to artificial intelligence computing, has raised $305 million, catapulting its valuation to $3.3 billion. The funding was led by General Catalyst and reflects strong corporate demand for AI solutions. With revenue surpassing $100 million annually, the company enables developers to utilize over 200 open source AI models, supported by partners like Nvidia. Together AI plans to expand its workforce significantly with the new funds.

Source: YAHOO

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