Neocloud Together AI raises $800M, leaps to $8.3B valuation | HappeningNow.news

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Neocloud Together AI raises $800M, leaps to $8.3B valuation

The AI neocloud provider, which specializes in hosting open source models, last raised at a $3.3 billion valuation in early 2025.

Source AI Summary Published July 1, 2026 Brief Under 1 min brief
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Together AI, an AI neocloud that rents Nvidia GPU clusters and other AI‑specific infrastructure, closed an $800 million Series C round on Wednesday, valuing the company at $8.3 billion. The company, founded in 2022, announced the funding with Aramco Ventures as the lead investor. Other participants in the round included Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatron, SentinelOne’s S Ventures, and additional investors. The capital will support the expansion of Together AI’s cloud services and infrastructure offerings.

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