Neocloud Together AI lifts $800M, leaps to $8.3B valuation

TL;DR

Together AI, an AI neocloud founded in 2022, has raised an $800 million Series C at an $8.3B valuation, the company announced on Wednesday. The round was led by Aramco Ventures, with participation from Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatron, SentinelOne’s S Ventures and others. There were whispers of this round back in March, when The Information reported that the company was seeking $1 billion in funding, but at a $7.5 billion valuation.