Salesforce Leads Funding! Together AI Raises $1.25 Billion
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Together AI has announced the successful completion of a $106 million funding round, led by Salesforce, which has propelled the company's valuation to $1.25 billion. This round also saw participation from existing investors such as Coatue Management, Lux Capital, and Emergence Capital. The newly raised funds will primarily be used to expand computational capabilities and recruit researchers to develop new model architectures. Currently, Together AI boasts 45,000 registered users and has earned the favor of its customers. This marks another successful funding round for the company since November.
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