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Cloud Platform Startup Together AI Raises $102.5 Million to Fuel Open Source AI

Nov 29, 2023 - newcomer.co
Together AI, a startup that assists companies in efficiently pre-training and fine-tuning open-source foundation models on expensive graphics chips, has announced a $102.5 million Series A funding round led by Kleiner Perkins. The team, led by former Apple executive Vipul Ved Prakash, includes senior artificial intelligence researchers and experienced AI academics. The company's chief scientist, Tri Dao, created FlashAttention, an open-source library that has become a crucial tool for training foundation models more efficiently.

The startup is emerging as a significant player in the open-source resistance against large, closed foundation model companies like OpenAI and Anthropic. It offers a full-stack cloud platform for open-source AI, helping companies to efficiently utilize powerful graphics chips like the Nvidia H100s. Companies such as Pika Labs, Nexusflow, Voyage AI, and Cartesia use Together AI’s cloud platform, with Crusoe, Nvidia, and cloud infrastructure provider Vultr as partners.

Key takeaways:

  • Together AI, a startup that helps companies pre-train and fine-tune open source foundation models on expensive graphics chips, has announced a $102.5 million Series A funding round led by Kleiner Perkins.
  • The company is led by Vipul Ved Prakash, a former Apple executive and serial startup founder, and its team includes senior artificial intelligence researchers and experienced AI academics.
  • Together AI is seen as a potential key player in the open source resistance to large, closed foundation model companies like OpenAI and Anthropic.
  • Several companies, including Pika Labs, Nexusflow, Voyage AI, and Cartesia, use Together AI’s cloud platform. Crusoe, Nvidia, and cloud infrastructure provider Vultr are partners of Together AI.
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