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

> Together AI, an AI infrastructure company renting out NVIDIA GPU clusters and specialized AI compute, raised $800 million in Series C at an $8.3 billion valuation on July 1. Led by Aramco Ventures with participation from Vista Equity Partners, General Catalyst, Emergence Capital, NVIDIA, and others, the round reflects booming demand for open-source model inference. Annual bookings crossed $1.15 billion last quarter as open-source model usage across the industry tripled year-over-year. Customers report cost savings of 6× to 60× compared to closed-model pricing for equivalent performance. Together AI will use the capital to expand its product, scale infrastructure 50-fold over five years, and cement itself as the go-to provider of inference capacity for companies abandoning proprietary APIs.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch / Businesswire · Published Wednesday, July 8, 2026_

## Wortins' read

Together AI, an AI infrastructure company renting out NVIDIA GPU clusters and specialized AI compute, raised $800 million in Series C at an $8.3 billion valuation on July 1. Led by Aramco Ventures with participation from Vista Equity Partners, General Catalyst, Emergence Capital, NVIDIA, and others, the round reflects booming demand for open-source model inference. Annual bookings crossed $1.15 billion last quarter as open-source model usage across the industry tripled year-over-year. Customers report cost savings of 6× to 60× compared to closed-model pricing for equivalent performance. Together AI will use the capital to expand its product, scale infrastructure 50-fold over five years, and cement itself as the go-to provider of inference capacity for companies abandoning proprietary APIs.

## Source

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

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