Together AI Raises $800 Million From Aramco at an $8.3 Billion Valuation
Together AI closed an $800 million Series C at an $8.3 billion valuation, led by Aramco Ventures with Nvidia and Vista Equity also participating. The open-model infrastructure company says bookings hit $1.15 billion last quarter as customers like Cursor, Cognition and Decagon cut inference costs by running DeepSeek, Nemotron and other open models instead of closed alternatives.