AI-focused startup Together AI has announced that it raised $102.5 million in a Series A funding round. The company plans to use the investment to build an open-source infrastructure for developing generative AI models, which will be available to developers worldwide. The cloud-based platform aims to streamline the development of open and adaptable AI models. Leading the funding round was Kleiner Perkins, with other participants including Nvidia Corp., Emergence Capital, NEA, Prosperity7, Greycroft, 137 Ventures, and several seed investors.
Empowering the global developer community
Together, AI’s open-source infrastructure aims to empower the global developer community by providing easy access to cutting-edge AI technology. This fosters innovation and accelerates AI adoption across various industries. The startup’s collaboration with notable industry leaders and investors showcases the growing potential of generative models and their pivotal role in shaping the future of AI development.
Cloud platform, AI models, and services
Together, AI was established in June 2022 by CEO Vipul Ved Prakash and co-founders Ce Zhang, Percy Liang, and Chris Re. The team aims to offer a cloud platform, AI models, and services that allow organizations to incorporate AI into their applications. Their vision is to revolutionize the way businesses and industries interact with and utilize artificial intelligence, making it more accessible and efficient to integrate into various products and services. By providing cutting-edge AI solutions and comprehensive support, AI empowers companies to streamline their processes, improve customer experiences, and ultimately drive innovation in their respective fields.
Competitively priced infrastructure
They argue that their competitively priced infrastructure can scale better than the options provided by major cloud vendors such as Amazon Web Services, Microsoft, and Google. This is primarily because their infrastructure has been designed with flexibility and customization in mind, allowing clients to upgrade their systems as their needs grow seamlessly. Additionally, their focus on providing exceptional customer support ensures businesses can smoothly navigate any challenges that may arise during the scaling process.
Operating data centers and supporting AI startups
Currently operating data centers across the United States and Europe, Together AI provides over 20 exaflops of computing power and serves various AI startups. These startups span various industries, from machine learning and natural language processing to computer vision and autonomous systems. With the support of Together AI’s advanced computing infrastructure, startups can innovate and accelerate their product development, thereby bringing cutting-edge solutions to the global market.
Platform enabling seamless AI model integration
The platform enables businesses to promptly integrate open-source large-language models or their own models into applications. This seamless integration allows for efficient utilization of AI capabilities, enhancing various business functions such as customer support, content generation, and data analysis. As a result, businesses can deliver improved user experiences and make more informed decisions, ultimately boosting their overall productivity and growth.
Services for pretraining, fine-tuning, and consultations
Furthermore, Together AI offers services for pretraining, fine-tuning, and consultations to customize AI models. These personalized models can cater to specific business needs and industry applications, enabling organizations to leverage AI capabilities more effectively. Additionally, the team at Together AI is dedicated to providing ongoing support and updates, ensuring that clients receive the most up-to-date and optimized AI solutions.
Engaging in open-source AI research
The company is also engaged in open-source AI research through initiatives like RedPajama, focusing on developing chat-based generative AI models. These AI models have the potential to revolutionize the way businesses and individuals communicate and access information. By contributing to the open-source community, the company aims to foster collaboration and drive innovation in the rapidly evolving field of artificial intelligence.
Utilizing funding to advance mission
The funds from this investment round will help Together AI advance its mission to create “the fastest cloud platform for generative AI applications,” tapping into the considerable investor enthusiasm surrounding the generative AI sector. This infusion of capital will enable the company to expand its research and development efforts, ultimately accelerating the deployment of its platform to a broader market. Additionally, this financial backing will strengthen Together AI’s position in the competitive landscape, potentially leading to more strategic partnerships and collaborations within the industry.
FAQ Section
What is Together AI’s Series A funding and plans?
Together AI raised $102.5 million in a Series A funding round. They plan to use the investment to build an open-source infrastructure for developing generative AI models, streamlining the development of open and adaptable AI models, and making them available to developers worldwide.
How does Together AI aim to empower the global developer community?
Together AI aims to empower the global developer community by providing easy access to cutting-edge AI technology through their open-source infrastructure. This encourages innovation and accelerates AI adoption across various industries.
What services does Together AI offer?
Together AI offers a cloud platform, AI models, and services to help organizations incorporate AI into their applications. They also provide services for pretraining, fine-tuning, and consultations to customize AI models based on specific business needs.
How does Together AI compare to major cloud vendors?
Together AI argues that their competitively priced infrastructure can scale better than options provided by major cloud vendors such as Amazon Web Services, Microsoft, and Google. This is because their infrastructure has been designed with flexibility and customization in mind.
What facilities does Together AI currently operate?
Together AI operates data centers across the United States and Europe, providing over 20 exaflops of computing power and serving various AI startups across industries such as machine learning, natural language processing, computer vision, and autonomous systems.
What is the advantage of Together AI’s platform for businesses?
The platform enables businesses to promptly integrate open-source large-language models or their own models into applications, allowing for efficient utilization of AI capabilities and enhancing various business functions such as customer support, content generation, and data analysis.
Is Together AI engaged in open-source AI research?
Yes, Together AI is engaged in open-source AI research through initiatives like RedPajama, focusing on developing chat-based generative AI models to revolutionize the way businesses and individuals communicate and access information.
How will Together AI utilize the funds from the Series A round?
The funds will help Together AI advance its mission of creating “the fastest cloud platform for generative AI applications.” This will enable the company to expand its research and development efforts, accelerate the deployment of its services to a broader market, and strengthen its position in the competitive landscape.
The post Together AI Raises $102.5M for Open-Source Infrastructure appeared first on KillerStartups.
0 Commentaires