Startup Together AI Valued at $3.3 Billion as AI Demand Grows
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Startup Together AI, which provides users access to artificial intelligence computing, has raised $305 million from investors in deal led by General Catalyst, bringing the valuation of the company to $3.3 billion — a signal that corporate demand for AI is still strong.
Saudi Arabia's Prosperity7 Ventures co-led the round, which also included Salesforce Ventures, Nvidia Corp., Kleiner Perkins, Emergence Capital, Lux Capital, Coatue Management and other investors.