Together AI Raises $106M in Funding Round

Mar 13th, 2024Funding
  • Together AI secured $106M in a funding round led by Salesforce Ventures with participation from Coatue and existing investors.

  • The company's AI platform for open-source models has attracted over 45,000 registered developers with 3x month-over-month traffic growth.

  • The funding will support expanding the platform's features for large enterprises and increasing compute capacity internationally.

  • Generative AI is shifting towards open-source, and Together AI is at the forefront by offering tools to develop, deploy, and productionize open-source models.

  • The company continues to advance generative AI research, releasing efficient models like StripedHyena and Mamba, and collaborating with the Arc Institute on biological AI models.

Recent Funding News