Together AI raises $102.5M Series A

Key Points:

  • Together AI has raised $102.5 million in a Series A financing round led by Kleiner Perkins, with participation from investors including NVIDIA and Emergence Capital.
  • The funding will be used to accelerate the development of Together AI’s cloud platform for open and custom AI models.
  • The platform allows developers to integrate open source AI models or create their own models through pre-training or fine-tuning.

Summary:

Together AI has raised $102.5 million in a Series A financing round led by Kleiner Perkins, with participation from investors including NVIDIA and Emergence Capital. The funding will help the company accelerate the development of its comprehensive cloud platform for open and custom AI models. Since its launch in June 2023, Together AI has seen significant adoption of its AI compute, training, and inference products from startups and enterprises. The platform allows developers to integrate leading open source AI models or create their own models through pre-training or fine-tuning. Together AI’s focus on core research and compute infrastructure has resulted in industry-leading performance and reliability. They also emphasize the importance of open source AI, and their mission is to allow any researcher or developer to participate in shaping the future of AI.

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