(Bloomberg) – Startup Together AI, which offers users access to artificial intelligence IT, has raised $ 305 million to investors in agreement by General Catalyst, bearing the company’s assessment at $ 3.3 billion – a signal that business demand for AI is still strong.
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The Prosperity7 Ventures of Saudi Arabia co-directed La Ronde, which also included Salesforce Ventures, Nvidia Corp., Kleiner Perkins, Emergence Capital, Lux Capital, Cotue Management and other investors.
Together, the AI platform allows developers to access the Open Source models and the necessary computing power to create AI applications. “We provide a very end -to -end service,” said the CEO, Vipul Ved Prakash. “This includes the data centers and IT clusters of Nvidia, and software layers and platform services.” The result allows Together customers to “run very quickly,” he said.
As the demand for AI increases in the corporate world, AI Ensemble notes rapid growth, the company said. The startup recently exceeded $ 100 million in annualized income, a leap of $ 30 million in annualized income in February 2024, according to a person familiar with the question that asked not to be identified to discuss information private.
The information previously reported some details on the new funding.
Customers can use more than 200 Open Source models via the AI platform together, including the Meta Platforms Inc. lama and those of the startup of Chinese AI Deepseek. Open Source models are essential for innovation, so the company wishes to offer access as much as possible, said Prakash.
“We believe that this technology should be developed in the open air, in a transparent way. It is really a fundamental tool for humanity, “he said in a Bloomberg television interview.
Nvidia is both an investor and a partner for Ensemble AI, who built his service on Nvidia Hardware, said Prakash. The startup plans to deploy the Blackwell GPU of Nvidia in its data centers.
Together, the latest assessment of AI is a significant jump in its valuation of $ 1.25 billion in March 2024. Prakash said that the company planned to use the new funding in part to double its workforce from 160 to the end of 2025.
(Updates the list of investors in the second paragraph and adds quotes from the television interview in paragraph six.)
