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Together AI Valued at $3.3 Billion as AI Demand Grows

Harrison BrooksThursday, Feb 20, 2025 4:36 pm ET
1min read
Together AI, a leading AI Acceleration Cloud provider, has raised a $305 million Series B investment led by General Catalyst and co-led by Prosperity7 Ventures, valuing the company at $3.3 billion. This strategic partnership will accelerate Together AI's expansion and enable it to scale its AI Acceleration Cloud, which supports over 200 open source models across various modalities (chat, image, audio, vision, code, and embeddings). The company's enterprise-grade inference and fine-tuning capabilities have already transformed how over 450,000 AI developers, AI-native companies, and global enterprises like Salesforce, Zoom, SK Telecom, Hedra, Cognition, Zomato, Krea, Cartesia, and The Washington Post build modern AI applications.
Together AI's rapid growth and valuation increase can be attributed to several key factors, including strong market demand for AI solutions, the emergence of open source AI models, enterprise-grade inference and fine-tuning capabilities, strategic partnerships, and investment from prominent VCs. The company's plans to deploy optimized clusters of NVIDIA Blackwell GPUs across multiple data centers in North America further enhance its AI Acceleration Cloud's performance and scalability.
Open source models like DeepSeek-R1 and Meta's Llama have emerged as formidable alternatives to proprietary solutions, marking a decisive shift in the AI landscape. Together AI has established itself as the definitive platform powering this transformation for developers, AI-native companies, and global enterprises to leverage open source AI with unrivaled speed and efficiency. Together AI delivers the fastest DeepSeek-R1 and Llama inference at production scale through its secure, private infrastructure.
Together AI's platform differentiates itself from competitors in the AI landscape through several unique features and capabilities, including open source model support, enterprise-grade inference solutions, frontier model training and fine-tuning, agentic workflows with built-in code interpretation, synthetic data generation, optimized AI infrastructure, and research innovations. These factors, combined with the company's strong leadership and innovative approach to AI infrastructure, have contributed to Together AI's rapid growth and valuation increase.
Strategic partnerships and investments have been crucial to Together AI's success. General Catalyst and Prosperity7 Ventures' $305 million investment, along with previous funding from Salesforce Ventures, NVIDIA, Kleiner Perkins, Coatue, and others, have fueled the company's growth and expansion. Future collaborations may include expanding data center footprint, integrating with cloud service providers, partnering with AI hardware manufacturers, and collaborating with AI software providers to offer a more comprehensive suite of AI solutions.
As AI demand continues to grow, Together AI's valuation and market position are poised to rise. The company's innovative platform, strategic partnerships, and strong leadership make it an attractive investment opportunity in the rapidly evolving AI landscape.
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