Together AI, an AI neocloud infrastructure provider, secured $800 million in Series C funding at an $8.3 billion valuation, led by Aramco Ventures with participation from Vista Equity Partners, General Catalyst, Nvidia, and others. The company, founded in 2022, specializes in renting Nvidia GPU clusters and hosts open-source AI models for thousands of customers including Cursor and Cognition. Together AI reported annual bookings exceeding $1.15 billion as of its last quarter, capitalizing on tripled usage of open-source models across the industry.
