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Investing.com -- Together AI, a startup providing access to artificial intelligence computing, has successfully raised $305 million in funding, according to Bloomberg News. The investment round was led by General Catalyst and has pushed the company’s valuation to $3.3 billion.
The funding round was also co-led by Prosperity7 Ventures, a venture capital firm based in Saudi Arabia. Other participants included Salesforce (NYSE:CRM) Ventures, Nvidia Corp . (NASDAQ:NVDA), Kleiner Perkins, Emergence Capital, and Lux Capital among others.
The platform offered by Together AI allows developers to utilize open source AI models and the necessary computing power to create AI applications. Vipul Ved Prakash, the Chief Executive Officer of Together AI, described their service as end-to-end. This includes providing data centers and computing clusters from Nvidia, in addition to software layers and platform services. Prakash stated that their service enables customers to become operational quickly.
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