Episode Details

Together AI just raised $800 million at a $8.3 billion valuation, led by Aramco Ventures with big names like Nvidia and Vista Equity Partners joining in. Despite earlier rumors of a $1 billion round at a lower valuation, they landed a strong deal — signaling confidence in their open-source AI cloud platform. With over $1.15 billion in annual bookings and thousands of customers including major tech firms, Together AI is riding the wave of businesses seeking cheaper, powerful AI alternatives. Open-source model adoption has tripled across the industry in just one year. The team includes CEO Vipul Ved Prakash — who sold his company to Apple for over $200 million — alongside top AI academics Percy Liang and Ce Zhang, making this one of the hottest plays in the booming “neocloud” space.

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