Together AI raises $800 million at $8.3 billion valuation

July 1 (Reuters) - Together AI on Wednesday said it has raised $800 million in a funding round led ‌by Aramco Ventures, more than doubling the artificial intelligence ‌startup's valuation to $8.3 billion.

Founded in 2022, the startup's platform lets companies train ​and run AI workloads on open models such as DeepSeek, MiniMax and Kimi at lower costs than closed systems.

• Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, Salesforce Ventures, March ‌Capital, Pegatron and SentinelOne's ⁠S Ventures participated in the Series C round.

• Together AI was valued at $3.3 billion in ⁠a February 2025 funding round led by General Catalyst, which had more than doubled its earlier $1.25 billion valuation from March ​2024.

• The ​company said it would use ​the Series C funding ‌to widen its offerings as it expands into a provider of inference, which is the process of running trained AI models.

• "The future of AI won't be owned by a few companies. It will be built by millions of developers ‌and businesses, and open-source models are ​making that possible," Together AI CEO ​Vipul Ved Prakash said.

• ​The AI startup's annual bookings crossed $1.15 billion ‌last quarter on

Fuente original: Yahoo Finance (https://finance.yahoo.com/technology/ai/articles/together-ai-raises-800-million-160522664.html)