Startup together AI in the worth of $ 3.3 billion with a demand growth growth
(Bloomberg) – Startup Together AI, which enables users to access artificial intelligence computers, has raised $ 305 million from investors in an agreement led by General Catalyst, bringing an estimate of a company to $ 3.3 billion – a signal that a corporate demand for AI is still strong.
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Saudi Arabia Prosperity7 Ventures led a circle, which also included Salesforce Ventures, Nvidia Corp., Kleiner Perkins, Emergeni Capital, Lux Capital, Caputhine Management and other investors.
Together AI platform allows developers access to AI models of open code and calculate the power needed to build AI applications. “We provide a very ultimate service,” said Vipul Ved Prakash CEO. “This includes data centers and computer clusters from NVIDIA, and software layers and platforms.” The result allows customers together to “raise and run quickly,” he said.
As demand for AI grows in the corporate world, together AI records rapid growth, the company said. Startup recently surpassed $ 100 million in annual revenue, which is a leap with $ 30 million annual revenue he had in February 2024, according to a person, familiar with a question that was asked not to identify themselves by discussing private information.
The data has previously reported some details of the new funding.
Customers can use more than 200 open code models via AI -DO platform, including Llam meta platform Inc. and those from Chinese AI startup Deepseek. Ai open code models are key to innovation, so the company wants to offer access to as much as possible, Prakash said.
“We believe this technology should develop outdoors, transparent. This is a really fundamental means of humanity, “Bloomberg said in a television interview.
Nvidia is both an investor and a partner for AI together, who built his service at Nvidia Hardware, Prakash said. Startup plans to distribute Nvidia Blackwell GPU in its data centers.
Together, the latest AI -Ja assessment is a significant jump in value estimate of $ 1.25 billion in March 2024. Prakash said that the company plans to use a new financing in part to double its workforce from 160 by the end of 2025.
(Updates an investor list in the second paragraph and adds quotes from TV interviews in paragraph six.)