The funding will be used to lease more computing power and hire additional researchers to develop more powerful open-source AI models. The company's infrastructure spans across the U.S. and Europe, providing over 20 exaflops of compute power. It also offers consulting services to help enterprises design and build customized large language models (LLMs). The company now has over 45,000 registered users and is becoming a go-to place for open models or customized models, according to CEO Vipul Ved Prakash.
Key takeaways:
- Together AI has closed on a $106 million funding round led by Salesforce Ventures, doubling its valuation to $1.25 billion since its last raise in fall.
- The startup offers cloud-based access to Nvidia’s graphics processing units and has developed its own AI development tools, models and services to help organizations integrate AI into their business applications.
- Together AI's infrastructure spans across the U.S. and Europe, providing more than 20 exaflops of compute power in total.
- The funding from the recent round will be used to lease more computing power from cloud infrastructure providers and hire additional researchers to design more powerful open-source AI models.