AIToday
Open-Source AIAI Business & IndustryYahoo Finance AIPublished: Jul 2, 2026, 01:01 JST

Together AI raises $800M at $8.3B valuation to scale open-source AI

Together AI raises $800M at $8.3B valuation to scale open-source AI

3 Key Points

  1. What happened

    Together AI, an infrastructure company for running open-source AI models, closed an $800 million(約1300億円) Series C funding round led by Aramco Ventures. The company's annual bookings crossed $1.15 billion(約1800億円) last quarter, and it now serves thousands of paying customers including Cursor, Cognition, and Decagon.

  2. Why it matters

    Businesses using closed AI models face high costs that can consume their entire profit margin. Together AI offers an alternative by helping companies run open models like DeepSeek and Nemotron at a fraction of the cost—customers report cost savings of 6x to 60x compared to closed-model pricing for equal or better performance. Nearly three-quarters of organizations expect to increase their use of open-source AI, suggesting demand for affordable infrastructure continues to grow.

  3. What to watch

    Open-source model usage across the industry has tripled in twelve months. The company positions itself as the platform making open-source models genuinely usable at enterprise scale, serving many of the biggest names in AI.

Not sure about something? Ask the AI

Questions and answers are published on this page.

Summaries like this, in your inbox every morning.

FAQ
What cost savings do Together AI customers see?
Customers report cost savings of 6x to 60x compared to closed-model pricing for equal or better performance. For example, Decagon cut inference costs sixfold after moving to Together.
Who are Together AI's customers?
The company now serves thousands of paying customers, including many of the biggest names in AI like Cursor, Cognition, and Decagon.
How fast is open-source AI adoption growing?
Open-source model usage across the industry has tripled in twelve months, and nearly three-quarters of organizations expect to increase their use of open-source AI according to McKinsey.
Yahoo Finance AIRead Original Article

AI news that matters for your work, delivered every morning.

Pick your industry and the AI tools you use, and get news related to your work every day.

Free · 30 seconds with Google · unsubscribe anytimeWhat is AIToday? →

Ask AI

Ask AI anything about this article. The AI reads this article, earlier AIToday articles, and Wikipedia, and cites its sources. Q&As are published on this page for other readers too.

Questions and answers are published on this page.

Related Articles

Next articleFAA pivots from speed ban to noise rules for supersonic flights