Together AI is valued at 3.3 billion US dollars, and the financing boom for AI startups continues.

The startup company Together AI, which provides artificial intelligence computing services, has successfully raised $305 million in funding, with General Catalyst leading the round, bringing the company's valuation to $3.3 billion. This indicates a strong demand for artificial intelligence in the enterprise sector. Prosperity7 Ventures from Saudi Arabia co-led this funding round, with other investors including Salesforce Ventures, NVIDIA Corporation, Kleiner Perkins, Emergence Capital, Lux Capital, Coatue Management, and other investors. Together AI's platform allows developers to access open-source AI models and the computing power needed to build AI applications. CEO Vipul Ved Prakash stated that the company offers comprehensive services, including data centers, Nvidia's computing clusters, as well as software and platform services, enabling customers to quickly launch and operate. According to an anonymous source, the startup's recent annual revenue exceeded $100 million, a significant increase from $30 million in February 2024. Clients can utilize over 200 open-source models through the Together AI platform, including models from Meta Platforms' Llama and Chinese AI startup DeepSeek. Prakash emphasized the importance of open-source AI models for innovation, and the company aims to provide as many of these models as possible. Prakash mentioned that NVIDIA Corporation is not only an investor in Together AI, but also a partner, as the company's services are based on NVIDIA Corporation hardware. The startup plans to deploy NVIDIA Corporation's Blackwell GPU in its data centers. The latest valuation leap of Together AI from $1.25 billion in March 2024 is significant, and Prakash stated that the company intends to double its workforce by the end of 2025 using the new funds. In the field of artificial intelligence, besides Together AI, several other startups have recently gained attention. Anthropic, a new AI company founded by former research executives from OpenAI, is in the final stages of fundraising and plans to raise up to $2 billion, valuing the company at $60 billion. Lightspeed Venture Partners is leading this round. Anthropic's successful AI chatbot Claude has attracted much attention, and it is widely used in functions such as sales, marketing, and customer service. Additionally, Harvey is a startup developing generative artificial intelligence tools for law firms, and according to sources, Sequoia Capital is in talks to lead a $300 million funding round, which would value Harvey at $3 billion. This round of funding would more than double Harvey's valuation, placing it among the multi-billion-dollar startup companies. Harvey has raised over $200 million to date from investors including OpenAI Startup Fund, GV, Elad Gil, and Kleiner Perkins. Sequoia Capital first invested in Harvey in 2023. AI startup Perplexity AI Inc. has completed a $500 million funding round, doubling its valuation to $9 billion. The search product developed by the company aims to compete with Alphabet Inc. Class C under Alphabet. Institutional Venture Partners is leading this funding round, which was completed earlier this month. Perplexity AI's valuation has tripled in the past few months, indicating rapid growth and potential in the market.