Together AI

“Together AI — an AI neocloud that rents out Nvidia GPU clusters and other AI-specific infrastructure — has raised an $800 million Series C at an $8.3 billion valuation”

“Together AI last raised a $305 million Series B at a $3.3 billion valuation about 16 months ago”

“It actually came out of the gate well-funded, with a $102.5 million Series A funding round led by Kleiner Perkins with participation from Nvidia and Emergence Capital back in 2023”

“The hefty infusion of capital comes as Together AI claims annual bookings of over $1.15 billion as of its last quarter”

“This has tripled usage of open source models across the industry in the past year”

“Together AI says it has thousands of paying customers, naming Cursor, Cognition, and Decagon among them”