Together AI Raises $305 Million, Valued at $3.3 Billion

Together AI, backed by Nvidia, has raised $305 million in a funding round led by General Catalyst. This brings the artificial intelligence startup's valuation to $3.3 billion, more than doubling from last year. The funding will support expansion of Together AI's cloud platform and deployment of Nvidia's latest GPUs. The company's platform allows developers to train and deploy AI models, with over 450,000 users in 2024. Other investors include Salesforce Ventures and Coatue.