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DeepNewz, mobile.
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Together AI, a developer of a cloud platform for building on open and custom artificial intelligence models, has raised $305 million in a funding round led by General Catalyst and Saudi Arabia's Prosperity7 Ventures. This latest round values the company at $3.3 billion, marking a significant increase from its previous valuation of $1.25 billion. The company has reported surpassing $100 million in annualized revenue, up from $30 million the previous year. The funding will support the expansion of Together AI's platform, which powers over 450,000 developers and enterprises including Salesforce and Zoom.
Together AI, a developer of a cloud platform to allow developers to build on open and custom artificial intelligence models, raised a $305M funding round led by @generalcatalyst and Saudi Arabia's Prosperity7 Ventures. https://t.co/dfIn3UIRlH
🚨 Huge congrats to Lux fam co @togethercompute and their $305M Series B at $3.3B valuation🚨 The team has built the leading open-source AI infrastructure platform, powering 450K+ developers and enterprises like @Salesforce and @Zoom. Incredible to see their growth as they… https://t.co/iNrFR7jul5
.@mercor_ai's recruiting platform connects top talent with global opportunities in the AI economy, harnessing the power of applied AI to unleash human potential. We believed in Mercor in its earliest days and we’re excited to expand our partnership with @BrendanFoody,… https://t.co/bZHEkSKlcr
