Together AI notches $3.3 billion valuation after latest fundraising

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(Reuters) Following a $305 million investment round, Together AI announced on Thursday that its valuation had reached $3.3 billion.

General Catalyst led the investment round. The round also included a number of additional investors, such as Coatue, chip giant Nvidia, and Salesforce Ventures.

Last year, the business was valued at $1.25 billion in a fundraising round headed by Salesforce Ventures.

(Shinjini Ganguli edited; Arasu Kannagi Basil reported from Bengaluru.)

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