The AI infrastructure and cloud service platform Together AI has recently declared the successful closure of its Series C funding round, amassing an impressive $800 million. This funding initiative was spearheaded by Aramco Ventures, with significant contributions from renowned institutions including Vista Equity Partners, General Catalyst, Emergence Capital, NVIDIA, March Capital, Pegatron, and S Ventures, a subsidiary of SentinelOne. Established in 2022, Together AI specializes in offering leasing services for AI-specific infrastructure, such as clusters of NVIDIA GPUs, positioning itself as a leading technology service provider in the realm of the "new cloud." The capital raised in this round will be strategically allocated to further bolster its computational infrastructure, propelling the company's valuation to a remarkable $8.3 billion.
