# Together AI Raises $800M Series C at $8.3B Valuation

> Together AI has raised an 800 million dollar Series C at an 8.3 billion dollar valuation, led by Aramco Ventures. The round more than doubles the 3.3 billion dollar valuation from its Series B in early 2025, a sign of how fast investor appetite for AI infrastructure has grown. The company builds inference and training infrastructure around open-source models, and its business has scaled to match the hype. Together says annual bookings now exceed 1.15 billion dollars, serving thousands of paying customers including well-known AI developers like Cursor and Cognition. With the new capital it is planning a roughly 50-fold capacity increase over the next five years, backed by more than 500 megawatts of committed compute. The Aramco Ventures lead is its own signal: energy money is flowing into AI compute, where power and chips are becoming the real constraints. Together is wagering that open-model infrastructure is a durable place to stand.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Monday, August 24, 2026_

## Wortins' read

Together AI has raised an 800 million dollar Series C at an 8.3 billion dollar valuation, led by Aramco Ventures. The round more than doubles the 3.3 billion dollar valuation from its Series B in early 2025, a sign of how fast investor appetite for AI infrastructure has grown. The company builds inference and training infrastructure around open-source models, and its business has scaled to match the hype. Together says annual bookings now exceed 1.15 billion dollars, serving thousands of paying customers including well-known AI developers like Cursor and Cognition. With the new capital it is planning a roughly 50-fold capacity increase over the next five years, backed by more than 500 megawatts of committed compute. The Aramco Ventures lead is its own signal: energy money is flowing into AI compute, where power and chips are becoming the real constraints. Together is wagering that open-model infrastructure is a durable place to stand.

## Source

[Read the full story at TechCrunch](https://techcrunch.com/2026/07/01/neocloud-together-ai-raises-800m-leaps-to-8-3b-valuation/)

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