Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Our $102.5M Series A

Nov 29, 2023 - together.ai
Together AI, an open-source AI company, has raised $102.5M in a Series A funding round led by Kleiner Perkins, with participation from NVIDIA, Emergence Capital, NEA, Prosperity 7, Greycroft, 137 Ventures, and others. The funding will be used to accelerate the company's goal of creating a fast cloud platform for generative AI applications. Since its launch in June 2023, the company's AI compute, training, and inference products have seen significant adoption, and the new capital will help scale these services and introduce new products.

The company's platform allows developers to integrate leading open source models or create their own through pre-training or fine-tuning. The company's focus on core research has led to the release of the RedPajama-V2 dataset, the largest open dataset consisting of 30 trillion tokens for training LLMs. Together AI also operates an AI infrastructure growing to 20 exaflops, across multiple data centers in the US and EU, and is custom designed for high-performance AI applications.

Key takeaways:

  • Together AI has raised $102.5M in a Series A financing round led by Kleiner Perkins, with participation from NVIDIA, Emergence Capital, NEA, Prosperity 7, Greycroft, 137 Ventures, and others.
  • The company plans to use the new capital to accelerate its goal of creating the fastest cloud platform for generative AI applications.
  • Since its launch in June 2023, Together AI's products have seen significant adoption from startups and enterprises, and the company plans to scale its services and introduce new products.
  • Together AI operates an AI infrastructure which is growing to 20 exaflops, across multiple data centers in the US and EU, and is used by leading AI startups like Pika Labs, NexusFlow, Voyage AI, and Cartesia.
View Full Article

Comments (0)

Be the first to comment!