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

Yahoo Finance AI3h ago4 min read
Together AI raises $800M at $8.3B valuation to scale open-source AI

Key takeaway

Together AI, which provides infrastructure to run open-source AI models cheaply and at scale, raised $800 million(約1300億円) at an $8.3 billion(約1.3兆円) valuation. The funding reflects surging demand from businesses seeking alternatives to expensive closed AI models—customers report cutting inference costs by 6x to 60x after switching to Together's platform, and open-source model usage across the industry has tripled in the past year.

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3 Key Points

  • 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.

  • 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.

  • 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.

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.

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