The Money TrailJuly 1, 2026via SiliconAngle
Together AI raises $800M to grow its AI-optimized public cloud
Why it matters
Together AI's $800M raise signals investor confidence in open-source AI infrastructure as an alternative to proprietary cloud stacks. With backing from Aramco Ventures, NVIDIA, and Vista Equity Partners, the company is positioned to capture enterprises seeking cost-efficient, model-agnostic compute for production AI workloads.
Key signals
- Series C funding: $800M
- Lead investor: Aramco Ventures
- Other backers: NVIDIA, Vista Equity Partners, General Catalyst
- Company focus: Open-source AI model optimization and public cloud infrastructure
- Date: July 1, 2026
The hook
$800M. Together AI just closed a Series C to build the open-source model cloud that enterprises are betting against closed vendors.
Together AI Inc., the operator of a cloud platform optimized to run open-source artificial intelligence models, has raised $800 million from investors. The startup stated in its funding announcement today that the Series C deal was led by Aramco Ventures. Nvidia Corp., Vista Equity Partners, General Catalyst and several other institutional backers contributed as well. […]