Together AI, an artificial intelligence startup, raises $800 million in a new funding round that values the company at $8.3 billion, according to multiple outlets. The deal reportedly more than doubles Together AI’s valuation from its prior level, reflecting investor interest in the company’s AI-related products and services.
Quartz reports that the round is led by Aramco Ventures, the venture arm of Saudi Arabia’s state oil company Saudi Aramco. The other sources cited provide the headline figures—$800 million raised and an $8.3 billion valuation—without adding additional detail on participants or terms.
Taken together, the coverage indicates that the financing round is sizable and results in a significant increase in Together AI’s market valuation. The reports do not specify the amount raised by individual investors beyond the lead described by Quartz, nor do they provide further information on use of proceeds or specific investment terms in the information provided.
