# 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, in a round led by Aramco Ventures with Vista Equity, Emergence Capital, General Catalyst, March Capital, and Nvidia joining. The valuation is a steep climb from the 3.3 billion dollars the company commanded at its Series B just over a year earlier. The business behind the numbers is infrastructure. Together AI runs a so-called neocloud, serving more than 40 trillion tokens a day and specializing in open-source and enterprise AI acceleration, the picks and shovels that other companies build products on top of. It says annual bookings passed 1.15 billion dollars in the most recent quarter, and it plans a fiftyfold expansion of its infrastructure over the next five years. The raise is another data point in the same story dominating AI investment: the money is flooding toward whoever can supply compute. With Nvidia both a supplier and an investor, and a sovereign-wealth-backed fund leading, Together AI's round shows how the scramble for inference capacity is pulling in ever larger and more strategic pools of capital.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Tuesday, August 4, 2026_

## Wortins' read

Together AI has raised an 800 million dollar Series C at an 8.3 billion dollar valuation, in a round led by Aramco Ventures with Vista Equity, Emergence Capital, General Catalyst, March Capital, and Nvidia joining. The valuation is a steep climb from the 3.3 billion dollars the company commanded at its Series B just over a year earlier. The business behind the numbers is infrastructure. Together AI runs a so-called neocloud, serving more than 40 trillion tokens a day and specializing in open-source and enterprise AI acceleration, the picks and shovels that other companies build products on top of. It says annual bookings passed 1.15 billion dollars in the most recent quarter, and it plans a fiftyfold expansion of its infrastructure over the next five years. The raise is another data point in the same story dominating AI investment: the money is flooding toward whoever can supply compute. With Nvidia both a supplier and an investor, and a sovereign-wealth-backed fund leading, Together AI's round shows how the scramble for inference capacity is pulling in ever larger and more strategic pools of capital.

## 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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