Together AI Raises $106M in Funding Round
Mar 13th, 2024Funding
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Together AI secured $106M in a funding round led by Salesforce Ventures with participation from Coatue and existing investors.
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The company's AI platform for open-source models has attracted over 45,000 registered developers with 3x month-over-month traffic growth.
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The funding will support expanding the platform's features for large enterprises and increasing compute capacity internationally.
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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.
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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.