FUNDING
Company Profile
Together AI is an open-source AI cloud (neocloud) for training and inference that crossed roughly $1B in annualized revenue and raised $800M at an $8.3B valuation in July 2026.
Founded 2022San Francisco, CA~$1.33B raised$8.3B (Jul 2026) valuation~$1B annualized revenue; $1.15B+ annual bookings (Jul 2026) run rate
Investors
General CatalystNVIDIASalesforce VenturesKleiner PerkinsLux CapitalProsperity7 VenturesEmergence Capital
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Related dashboards
Funding & Valuation History
from our coverage| Date | Event | Amount | Valuation | Source |
|---|---|---|---|---|
| Jul 1, 2026 | Series C | $800M | $8.3B | Story → |
| Feb 20, 2025 | Series B | $305M | $3.3B | — |
| Mar 13, 2024 | Series A extension | $106M | $1.25B | — |
Together AI FAQ
- What is Together AI's valuation in 2026?
- Together AI was last valued at $8.3B (Jul 2026) in its most recent funding round. The company's revenue run rate is ~$1B annualized revenue; $1.15B+ annual bookings (Jul 2026).
- How much has Together AI raised?
- Together AI has raised approximately ~$1.33B in total funding to date.
- Is Together AI publicly traded?
- No. Together AI is privately held, last valued at $8.3B (Jul 2026).
- Who are Together AI's investors?
- Together AI's investors include General Catalyst, NVIDIA, Salesforce Ventures, Kleiner Perkins, Lux Capital, Prosperity7 Ventures, Emergence Capital.
Coverage Timeline
newest first- Aug 17, 2026FUNDINGInside AI Infra's Money Trail: Databricks to Fireworks$5B round / $190B valuation→
- Aug 11, 2026AIIBM and Together AI Ink $240M Deal for Inference Cluster→
- Aug 1, 2026BIG TECHUber Is Quietly Building an Autonomous Vehicle Empire→
- Jul 20, 2026FUNDINGThe Neocloud Gold Rush: Who's Really Winning the AI Compute Land Grab$8.3B-$11B neocloud marks→
- Jul 7, 2026FUNDINGAI Infrastructure Capex Keeps Concentrating in Fewer Hands$870B+ combined 2026 AI capex commitments→
- Jul 5, 2026FUNDINGWhy the Same Five Neoclouds Keep Landing Megarounds$5.3B+ combined across 3 repeat raises→
- Jul 4, 2026FUNDINGWhy AI Infrastructure Megarounds Are Swallowing the Series B Market$6.75B+ in infra rounds in one week→
- Jul 2, 2026FUNDINGCrunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise$1.75B lead deal (Joulent)→
- Jul 1, 2026FUNDINGTogether AI Raises $800M at $8.3B Valuation as Open-Source Inference Demand Triples$800M→
- Jun 30, 2026AIAnthropic Launches Claude Sonnet 5 at a Steep Discount as It Races Toward an IPO~60% discount vs. flagship→
- Jun 18, 2026AIAnthropic's Claude Code Artifacts Update Brings Live, Shared Dashboards to Enterprises→
All Coverage
FUNDING$5B round / $190B valuation
Inside AI Infra's Money Trail: Databricks to Fireworks
Databricks' $5 billion round at a $190 billion valuation, Together AI's doubled $8.3 billion mark, and Fireworks AI's leap to $17.5 billion trace a single financing pattern reshaping AI infrastructure investing.
DEEP DIVE
AI
IBM and Together AI Ink $240M Deal for Inference Cluster
AI
IBM and Together AI Ink $240M Deal for Inference Cluster
IBM and Together AI signed a $240 million deal to build a large-scale Nvidia Blackwell inference cluster on IBM Cloud, targeting enterprises seeking cheaper open-source AI inference.
DEEP DIVE
BIG TECH
Uber Is Quietly Building an Autonomous Vehicle Empire
BIG TECH
Uber Is Quietly Building an Autonomous Vehicle Empire
Uber has stitched together partnerships with more than a dozen self-driving companies -- including Waymo and Wayve -- betting it can win the robotaxi era as an aggregator rather than a manufacturer.
FUNDING
The Neocloud Gold Rush: Who's Really Winning the AI Compute Land Grab
FUNDING$8.3B-$11B neocloud marks
The Neocloud Gold Rush: Who's Really Winning the AI Compute Land Grab
Together AI's $8.3 billion valuation, SambaNova's $11 billion mark, and a wave of smaller sovereign-cloud raises show investors are pricing AI compute resellers as aggressively as the model labs they serve.
FUNDING
AI Infrastructure Capex Keeps Concentrating in Fewer Hands
FUNDING$870B+ combined 2026 AI capex commitments
AI Infrastructure Capex Keeps Concentrating in Fewer Hands
Oracle, Amazon, Microsoft and Google are together committing more than $870 billion to AI infrastructure this year, a concentration of capital the Bank for International Settlements has warned carries systemic financial risk.
FUNDING
Why the Same Five Neoclouds Keep Landing Megarounds
FUNDING$5.3B+ combined across 3 repeat raises
Why the Same Five Neoclouds Keep Landing Megarounds
Baseten, Together AI and Crusoe have each raised nine- or ten-figure rounds within the past year, showing AI infrastructure capital increasingly recycling into a small, familiar set of 'neocloud' names rather than funding new entrants.
FUNDING
Why AI Infrastructure Megarounds Are Swallowing the Series B Market
FUNDING$6.75B+ in infra rounds in one week
Why AI Infrastructure Megarounds Are Swallowing the Series B Market
A string of multi-billion-dollar AI infrastructure raises this year -- Crusoe, Together AI, Quantum Systems, National Grid's Joulent bet -- shows venture capital concentrating in physical AI infrastructure at the expense of traditional Series B-sized rounds.
FUNDING
Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise
FUNDING$1.75B lead deal (Joulent)
Crunchbase: The Week's 10 Biggest Funding Rounds, Led by Joulent's $1.75B Energy Raise
Crunchbase News' roundup of the week's 10 biggest funding rounds (June 27-July 2) was led by Houston-based energy infrastructure provider Joulent's $1.75 billion raise from National Grid Ventures, aimed squarely at AI and compute-intensive industries' power needs. Together AI's $800M Series C and Venice AI's $65M unicorn round both placed inside the top 10, alongside biotech, legal-tech, sports and video-AI rounds spanning a genuinely broad set of categories beyond pure frontier-model AI.
FUNDING
Together AI Raises $800M at $8.3B Valuation as Open-Source Inference Demand Triples
FUNDING$800M
Together AI Raises $800M at $8.3B Valuation as Open-Source Inference Demand Triples
Together AI closed an $800 million Series C on July 1 at an $8.3 billion post-money valuation, more than doubling its prior mark. The round was led by Aramco Ventures with Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital and others participating, as annual bookings crossed $1.15 billion on the back of open-source model usage tripling industry-wide in twelve months.
AI
Anthropic Launches Claude Sonnet 5 at a Steep Discount as It Races Toward an IPO
AI~60% discount vs. flagship
Anthropic Launches Claude Sonnet 5 at a Steep Discount as It Races Toward an IPO
Anthropic launched Claude Sonnet 5 on June 30, pricing it at $2 per million input tokens and $10 per million output tokens through August 31 — roughly 60% cheaper than its flagship Opus 4.8 model — while claiming near-Opus-level performance. The move lands weeks after Anthropic confidentially filed IPO paperwork with the SEC on June 1 and the same week Together AI raised $800 million specifically on the thesis that cheaper, open models are eating into closed frontier-lab pricing.
AI
Anthropic's Claude Code Artifacts Update Brings Live, Shared Dashboards to Enterprises
AI
Anthropic's Claude Code Artifacts Update Brings Live, Shared Dashboards to Enterprises
Anthropic updated Claude Code Artifacts to support live, shared dashboards and interactive workspaces, turning what was a single-user coding tool into a collaborative surface teams can build on together. It's a push to make Claude Code the place enterprises do work, not just generate code.