๐ฐ Together AI Raises $800M Series C at $8.3B Valuation to Scale Open-Source Inference
Together AI closed an $800 million Series C on July 1, backed by Aramco Ventures, NVIDIA, General Catalyst, and others, more than doubling its valuation to $8.3 billion. The company reported annual bookings over $1.15 billion last quarter and plans to grow its AI inference infrastructure roughly 50x over five years. With open-source models closing the gap on closed ones, open inference platforms could be the quiet winners of the AI boom. Could infrastructure beat the model makers at their own game?
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