Together AI Raises $800 Million at $8.3 Billion Valuation to Make Frontier AI Accessible to All

Together AI, the company making it dramatically cheaper and easier to run open source AI models at scale, today announced an $800 million Series C financing at an $8.3 billion post-money valuation. The round was led by Aramco Ventures, with participation from Vista Equity Partners, General Catalyst, Emergence Capital, NVIDIA, March Capital, Pegatron, S Ventures (SentinelOne) and others.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260701243402/en/ Percy Liang, Founder; Vipul Ved Prakash, Founder and CEO; Ce Zhang, Founder and CTO

The financing comes as companies building with AI confront an uncomfortable truth: frontier-model pricing can eat their entire margin. Together AI has emerged as the infrastructure layer for the alternative — helping companies train and run workloads on open models like DeepSeek, Nemotron, MiniMax, and Kimi at a fraction of the cost of closed systems, with comparable or better performance. With one of the leading AI research labs in the world, Together AI has been pushing the frontier of inference, delivering industry leading performance for the demanding AI applications.