Together AI Raises $305 Million to Expand AI Cloud Platform

Reported 1 day ago

Together AI has raised $305 million in Series B funding to enhance its AI Acceleration Cloud aimed at supporting both open source and enterprise AI initiatives. This new investment, led by General Catalyst and Prosperity7, brings the company's valuation to $3.3 billion and will help in expanding its platform, which is designed for building production-scale AI applications. Together AI emphasizes providing high-performance infrastructure and efficient solutions for over 200 open source models, indicating a commitment to making AI accessible for developers and organizations worldwide.

Source: YAHOO

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