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Together AI: Revolutionary Open-Source AI Cloud Platform
12/10/23
Editorial team at Bits with Brains
San Francisco-based Together AI has recently secured a total of about $135 million in investments.
The company's mission is to empower developers globally by offering them the tools to build and integrate AI models seamlessly into their applications.
Together AI previously secured a $102.5 million Series A investment from NVIDIA, Kleiner Perkins, and Emergence Capital, following a $32.5 million seed round from Lux Capital and other investors.
The company's flagship product, Forge, contributes 90% of the company's total revenue. Forge offers startups a comprehensive solution encompassing computing resources and model training software within a single package. Together AI's cloud infrastructure, in partnership with AI cloud leaders like Crusoe Cloud and Vultr, is meticulously tailored for high-performance AI applications. The company hosts a diverse repository of open-source models, such as Llama 2, Stable Diffusion, and RedPajama.
Together AI's commitment to core research is evident in their release of the RedPajama-V2 dataset, the largest open dataset comprising 30 trillion tokens for training Large Language Models (LLMs).
Open-source AI is gaining popularity due to its decentralized nature, which encourages open collaboration and feedback loops that can be significant in helping a project succeed. Together AI's commitment to open-source AI is evident in their RedPajama project, which enables leading generative AI models to be available as fully open-source. This aligns with the growing trend of open-source AI, where 80% of respondents in a survey indicated they increased their use of open source in the past year.
Together AI's success in securing substantial funding underscores the industry’s confidence in the potential of open-source models and libraries to drive innovation and accessibility. The company's mission to champion open and decentralized systems echoes the path of MosaicML, acquired for $1.3 billion by Databricks, signaling the potential valuation trajectory for Together AI.
Together AI's focus on open-source AI, its commitment to research, and its successful funding rounds position it as a significant player in the AI industry. The company's trajectory suggests a promising future for open-source AI, with potential for substantial growth and innovation.
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