Together AI hits $106M funding, doubles valuation in Salesforce-led round
AI infrastructure startup Together AI doubles its valuation with $106M raise from Salesforce and Coatue.
Deep Dive
Together AI, the artificial intelligence startup known as Together Computer Inc., announced a $106 million funding round led by Salesforce Ventures, with participation from Coatue and others. The round doubles the company's valuation since its previous raise last fall.
Key Points
- Together AI raised $106M in a funding round led by Salesforce Ventures.
- The startup's valuation has doubled since its last raise in fall 2023.
- Together AI provides cloud infrastructure for training and running open-source AI models.
Why It Matters
Together AI's valuation surge highlights the soaring demand for specialized open-source AI infrastructure beyond big cloud providers.